March 15, 2024
Last Thursday, Entain Plc published its full-year accounts revealing the scars of a problematic 2023. The long-awaited results of the FTSE100 gambling group left no place for hiding as leadership declared corporate losses of £900m. Though leadership maintains that dire 2023 results were down to legacy failings, under the bonnet, the year-end accounts detailed growing concerns across all markets including …
Read More »January 26, 2024
The City expects Flutter’s NYSE listing to have an impact on the corporate valuation disciplines of gambling PLCs… But nothing can stop the industry’s M&A momentum. The frantic movements of gambling PLCs have dominated industry headlines in the early proceedings of 2024. On the European front, despite no regulatory resolutions being settled in the past year, gambling PLCs continue their …
Read More »August 29, 2019
London-listed Rank Group Plc has confirmed that it will expand its Spanish gambling asset ‘YoBingo’ within Portugal’s regulated online gambling marketplace. Publishing Rank’s interim trading results last week, corporate governance highlighted YoBingo as a star performer for the firm’s digital division, generating net-gaming-revenues of £13 million combined with an operating profit of £1.6 million. Issuing a strategic update, Chief Executive …
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| _v__chartbeat3 | never | No description available. |
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