Tag Archives: Ladbrokes

ACMA issues Entain max penalty for illegal online bets on LIV tournament

SBC News ACMA issues Entain max penalty for illegal online bets on LIV tournament

Entain has been asked to pay an infringement notice of AU$13,320 by the Australian Communications and Media Authority (ACMA) after offering online in-play betting to customers. Through its two Australian sportsbook brands, Ladbrokes and Neds, the operator offered bets on an LIV golf tournament held in Bangkok in October 2022, accepting a total of 78 in-play bets online, which were …

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Entain details strides in retail revamp as 100th ‘Digi-Hub’ opens

Entain details strides in retail revamp as 100th ‘Digi-Hub’ opens

Entain’s upgrade of its UK retail portfolio continued this week as the Ladrokes and Coral parent company announced the opening of its 100th ‘Digi-Hub’ shop. Located in Muirhouse, Scotland, the revamp of the local bookmaker means that FTSE100 gambling group Entain is now 50% closer to its target of rolling out Digi-Hus across 200 venues by the end of 2024. …

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NSW Supreme Court allows Tabcorp to view Entain and AHA documents

new south wales supreme court entain tabcorp

The Supreme Court of New South Wales (NSW) has provided an update on the ongoing legal case Tabcorp has initiated against Entain. Presiding Judge James Stevenson has ruled that Tabcorp be granted access to documents relating to Entain’s partnership with the Australian Hotels Association New South Wales (AHA NSW). Tabcorp has now stated that it welcomes the Court’s decision and …

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Ladbrokes backs Wasserman hot prospects on Channel 5

SBC News Ladbrokes backs Wasserman hot prospects on Channel 5

Ladbrokes has entered an exclusive partnership with legendary promoter Wasserman Boxing to offer the public free-to-air fights to be broadcast live on Channel 5 for British terrestrial audiences.  The deal between Ladbrokes, Wasserman Boxing and Channel 5 will see a minimum of six free-to-air fights take place in 2023 featuring the best British boxing prospects for men’s and women’s boxing. …

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Entain: Soft Australia and Brazil markets to pick up UK drags

SBC News Entain: Soft Australia and Brazil markets to pick up UK drags

Entain Plc’s leadership duo of CEO Jette Nygaard-Andersen and Deputy Rob Wood have notified investors that 2023 will be a tougher year for the FTSE100 gambling group’s UK arm.  Though the firm’s revenue make-up continues to be diversified via M&As, UK brands accounted for 27% of Entain’s online NGR – contributing approximately £840m of the group’s £3.3bn online NGR results …

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Entain 2022 growth dampened by flat online results

Jette Nygaard-Andersen takes charge of Entain as new CEO

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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Ladbrokes Australia fined AUS $76K for servicing fraudulent player

Ladbrokes Australia

The Northern Territory Racing Commission (NTRC) has issued a A$78,540 fine (€50,000) against Ladbrokes Australia for failure to carry out due-diligence on a customer’s source of funds.  The customer in question had informed the NTRC – which serves as a licence issuer for several Australian bookmakers – that he was on a $145,000 annual salary but had ‘far less’ discretionary …

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Ladbrokes gets local with Powerleague launching ‘Primetime Pitches’

SBC News Ladbrokes gets local with Powerleague launching ‘Primetime Pitches’

Ladbrokes has partnered with Powerleague to launch ‘Primetime Pitches’, a new brand initiative to expand the availability of local pitches to footballers across the UK and Ireland  The first-of-its-kind collaboration will see Ladbrokes provide free access to venues operated by Powerleague, who operate as the UK’s premier provider of small sized football pitches. Primetime Pitches will give footballers access free …

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Entain tops 2022 earnings following busy Q4

Jette Nygaard-Anderson, Entain CEO

Entain Plc has outperformed its FY2022 earnings guidance, following a strong close to year-end trading buoyed by peak online results.  Publishing its Q4 2022 trading update, Entain delivered a ‘strong group performance’ as group net revenues (NGR) increased by +11% (+7% constant currency basis).  Period trading saw the FTSE100 gambling group achieve a record online NGR of +12%, results reflecting …

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Entain pursuing flexibility for UK retail with SIS enhancement

Entain pursuing flexibility for UK retail with SIS enhancement

SIS (Sports Information Services) has signed its biggest commercial deal of the year so far, partnering with Ladbrokes and Coral operator, Entain. The FTSE100 gambling group, the largest retail operator in the UK, will leverage SIS’ production technology services until December 2030, targeting a more flexible broadcasting schedule.  Additionally, the deal will also cover distribution of live racing content via …

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