Entain has announced the launch of its Ennovate innovation hub, funded with a £100 million investment, in order to investigate emerging areas and collaborate with UK, European and global partners. Underscoring an ambition to become a ‘global leader in innovative entertainment’, the FTSE100 gambling group has outlined plans for investigation of the Non-Fungible Token (NFT), Virtual Reality and Augmented Reality …
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Entain accelerates igaming content development across multiple markets
Entain has announced plans to double investment in its in-house game studios to accelerate content development across several international markets, including the UK, the Baltics and the US. New content will include ‘first of their kind’ free-to-play slot tournaments, which so far have seen over 30,000 UK-based Entain customers take part in June following the launch, whilst international customers of …
Read More »Party brands aim for maximum coverage of safer gambling hub with McLaren F1
This weekend, Styrian Grand Prix will feature Entain Plc’s PartyCasino and PartyPoker brands to promote their ‘staying in control’ campaigns with F1 partner McLaren Racing. The campaign will be fronted by ‘Time to Pit’, a short movie featuring McLaren driver Daniel Ricciardo, relaying the important safer gambling advice of knowing ‘your personal limits and staying in control’. The Styrian GP …
Read More »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, …
Read More »MGM confirms ‘compelling’ proposal for Entain shares
US casino giant MGM Resorts International has confirmed that it has proposed a merger with its US sports betting and igaming partner Entain plc, but has refused to say if a firm offer to acquire the company will follow. It has also been confirmed that the offer consists of 0.6 MGM shares for each Entain share, representing a value of …
Read More »Entain says £8bn MGM Resorts offer ‘significantly undervalues’ company but asks for more information
Responding to press speculation, the Board of Entain has confirmed that it has received proposals from its US partner MGM Resorts International (MGMRI) concerning a possible offer for the company, but has quickly poured cold water on any deal being agreed in the short-term. Reports emerged in the Wall Street Journal yesterday that MGM had made a fresh approach for …
Read More »MGM Resorts makes moves to acquire Entain Group
US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …
Read More »GVC to meet shareholders to discuss executives pay plan
GVC has agreed to speak with shareholders over remuneration packages for its senior team after one of the biggest investor rebellions of 2019 so far. At the company’s annual general meeting (AGM) this week, 42 per cent of investor votes were against pay plans for its leading executives, including CEO Kenny Alexander. The pay plans were therefore passed with 58 …
Read More »partypoker returns to tough Czech Rep market
GVC Holdings’ property partypoker has announced its official return to the Czech Republic online gambling market in partnership with regional casino operator King’s Resort Rozvadov. Closing 2018, partypoker Managing Director Tom Waters revealed that the online poker room had been granted a licence by the Czech Finance Ministry. The update sees partypoker become the second international operator and online poker room …
Read More »GVC confirms Swedish launch for bwin and partypoker
GVC Holdings has confirmed that following receipt of a Swedish gaming licence, it has launched bwin and partypoker in the country. Both brands now offer dedicated websites under the .se extension, with an Android mobile app is also available, with an iOS version expected to follow over the coming days. bwin.se will utilise the feature-set and content from the group’s …
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