Entain Plc has published all documents related to a proposed plan to bookbuild £600m in new capital, which will be primarily used to acquire STS Group – Poland’s largest bookmaker. The London Stock Exchange (LSE) has been informed that shares of the FTSE100 gambling group will be offered to institutional investors through an accelerated bookbuild process. In addition, Entain will …
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Entain Plc remains confident of its growth strategy and product diversification across new and established markets in 2023, after achieving broad revenue growth last year. The FTSE100 international gambling group revealed this morning that in total it achieved revenue growth of 12% in 2022 to $4.3bn (2021: $3.8bn), driving a 11% uptick in gross profit to $2.7bn ($2.4bn). Accompanying this …
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Equality is ‘only one part of the solution’ to ensuring greater visibility and leadership of women in STEM, including in betting and gaming-related workspaces, Jette Nygaard-Anderson has outlined. Speaking from years of experience in the technology and betting industries, the Entain CEO has voiced her opinion on how these sectors can better leverage and benefit from female talent. Nygaard-Anderson noted …
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The Nevada Gambling Commission (NGC) has unanimously recommended that Entain be granted a licence to operate in the state, the historic heartland of US gaming. Publishing its February agenda yesterday, the Commission revealed that it had assessed the suitability of key Entain board members, including CEO Jette Nygaard-Anderson. Also supporting the application were Joseph Simon (Chief Information and Technology Officer), …
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Entain Plc has completed its acquisition of leading Croatian bookmaker SuperSport, keeping track on its growth ambitions in Central and Eastern Europe (CEE). Completed via the FTSE100 global betting and gaming group’s Entain CEE division, the takeover strengthens Entain’s foothold in the ‘highly attractive’ Croatian market, as SuperSport joins Entain’s enlarged CEE portfolio of Optibet (Estonia/Latvia) and Totolotek (Poland). Terms …
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Entain Plc has disclosed its plans to become the leading Central and Eastern European betting business by launching a new venture, ‘Entain CEE’. As announced this morning in the FTSE100’s gambling group’s H1 2022 Interim results, Entain has agreed to acquire a majority stake in leading Croatian betting group SuperSport for €600m. The deal will see Entain acquire a 75% …
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