Tag Archives: Jette Nygaard-Andersen

Entain upgrades 2021 expectations reaping sports growth benefits 

Jette Nygaard-Andersen takes charge of Entain as new CEO

The board of Entain Plc has lifted the firm’s full-year EBITDA guidance to be in the range of £850-to-£900 million, citing a strong H1 performance. This morning Entain published its interim trading update, registering total group revenues up 11%, as the FTSE100 gambling group updates investors on its UK retail reopening and international expansion projects. Headline results, saw Entain declare …

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Entain Foundation backs Chance for Childhood’s Ghana project

SBC News Entain Foundation backs Chance for Childhood’s Ghana project

Entain Plc has incorporated child poverty and equality charity ‘Chance for Childhood’ as a new global partner of its flagship Entain Foundation CSR programme.  Working with Chance for Childhood, the FTSE100 gambling group has launched a new pilot project titled ‘Change the first 1,000 Days’ that will support 600 out of school children in street situations in Accra, Ghana, to …

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Entain monitors sale of William Hill’s European assets

SBC News Entain monitors sale of William Hill’s European assets

The leadership of Entain Plc is closely monitoring the planned sell-off of William Hill’s UK and European assets by new owner Caesars Entertainment.  Group CEO, Jette-Nygaard Andersen, disclosed to Bloomberg that the FTSE100 firm was looking at the possibility of acquiring William Hill’s UK/European divisions, which are set to be divested by Caesars Entertainment as new owner of the heritage …

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Entain Party brands join McLaren Racing sponsorship roster

SBC News Entain Party brands join McLaren Racing sponsorship roster

Sports betting and entertainment group Entain Plc’s PartyCasino and PartyPoker brands have entered into a multi-year partnership with the McLaren Racing team. The alliance, which is built on ‘a shared track record of delivering entertainment through cutting-edge innovation’, according to a joint statement, will be underpinned by a common approach to safety and responsibility. From the Monaco Grand Prix onwards, …

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Entain launches shared ownership initiative

SBC News Entain launches shared ownership initiative

Entain has launched its ShareSave shared ownership plan, enabling over 22,500 to participate and acquire shares in the company as it expands globally. The group operates over 2,885 Ladbrokes and Coral high street bookmakers across the UK and Ireland, and over 14,000 people employed at these venues can apply to join the shared ownership scheme. Employees can join by making …

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Entain readies for full unit comeback as lockdown impacts Q1 trading

Jette Nygaard-Andersen takes charge of Entain as new CEO

Entain Plc has stated confidence in achieving its 2021 growth objectives, despite COVID-19 restrictions hampering the performance of its Ladbrokes Coral retail unit.  Publishing its Q1 trading update, Entain reports a 13% decline in group net revenues, attributed to its restricted retail unit, which recorded a 99% decline in NGR as ‘almost all estates were closed during the quarter’. The …

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Enlabs acquisition drives Entain’s international expansion

SBC News Enlabs acquisition drives Entain’s international expansion

Entain’s acquisition of Swedish iGaming operator Enlabs AB and Portuguese online sportsbook Bet.pt has driven a 30% expansion in its international operations. A leading operator in the Baltic region, the Enlabs acquisition has enabled Entain to enter this market for the first time in its operating history via the Optibet brand. Enlabs is a market leader in Latvia, the second …

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Entain to deploy new affordability model across UK brands

SBC News Entain to deploy new affordability model across UK brands

Entain Plc will deploy a ‘new affordability model’ across its entire UK brand portfolio, to detect customers at ‘greatest risk of potential financial harm’, ensuring early intervention from its customer care teams. The model – which has been ‘under development for the past 18-months’ – has been configured by Entain’s proprietary ‘ARC’ (Advanced Responsibility and Care) safer gambling player monitoring …

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