Monday, July 15, 2024

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Entain lauds diversified portfolio as lever for long-term growth

Entain's diversified portfolio and geographic footprint position the sports betting and gaming group well for long-term growth, according to a recent internal strategic review.

Daily Asia Gaming eBrief: Entain working to improve regulation in Asian markets

Sometimes it's better to step away to come back stronger. Entain has taken that approach in its outlook on Asian gaming jurisdictions, pulling back and seeking to influence strong and healthy legislation and implementation, but prepared to pounce when the conditions are right to move back in. The Philippines is proving a strong frontrunner, especially with an open ear by regulators, but other regions are still on the radar, says Michael Charlton.
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Entain taking long-term view by only focusing on regulated markets

If Asian gaming jurisdictions up their game and prove to be highly regulated markets, Entain would be happy to move back into those markets it had stepped away from. Michael Charlton, Asia Pacific Director for Entain, notes that the Philippines is serving as a good example of an improved regulatory framework that’s not stifling innovation.

Entain records good progress, increase in active customers

Gambling giant Entain has surprised analysts with its resilience in the face of challenging market conditions.

Entain appoints Ronald J. Kramer as Independent Non-Executive Director

Entain plc, the global sports betting and gaming group, is pleased to announce the appointment of Ronald J. Kramer as an Independent Non-Executive Director with immediate effect.

Entain launches its first Data Academy

Entain has launched its first Data Academy training program in the UK, giving its people the opportunity to upskill.

Entain adds activist Ricky Sandler to the board

Global sports-betting operator Entain is adding activist Ricky Sandler to its board, just days after the company announced that its CEO Jette Nygaard-Andersen is stepping down.

Entain’s chief executive Jette Nygaard-Andersen steps down

The chief executive officer of Entain, the parent company of gambling brands like Sportingbet, Ladbrokes and Bwin, has stepped down. Jette Nygaard-Andersen asked the group board to resign with immediate effect and her position will be filled by non-executive director Stella David on an interim basis.

Entain seeing ‘softer than anticipated’ online gaming results in 3Q23

Global sports-betting operator Entain says that it has seen ‘softer than anticipated’ online net gaming revenue in the third quarter, now expecting growth in the period to be in the ‘high single-digit percent’.

Entain sets aside £585 million for possible UK tax authority fine

Global sports-betting Entain has set aside £585 million ($746.2 million) to possibly settle a possible large fine by the UK tax authority over historic corporate misconduct at its former Turkish online betting business