Sports betting and gaming group Entain's results improved in the first half of the year but ongoing investments and regulatory changes are still impacting the group’s bottom line.

The appointment by Entain of Gavin Isaacs as its new Chief Executive Officer should bring 'stability and expertise' to the global sports betting and gaming entertainment group as it embarks on its next phase of growth, indicates CBRE Equity Research.

Global sports betting and gaming group Entain has announced that it will be appointing Gavin Isaacs as its new CEO, effective from September 2nd, 2024.

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.

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.

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.

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

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

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.