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Casino
May 19, 2025
Entain Gets Court Approval to Keep Defense Documents Secret
Entain, the global betting company that owns Ladbrokes and Coral, has won a court order to keep its legal defense private in an ongoing lawsuit involving two of its former top leaders. The High Court’s Chancery Division made this ruling on 13 May, backing the company’s push to stop sensitive legal information from becoming public […]
Business
May 15, 2025
Entain Faces New Investor Lawsuit Amid Ongoing Legal Woes
Entain, the global betting powerhouse behind brands like Ladbrokes and Coral, is facing fresh legal pressure from a group of major institutional investors. Financial Market-Related Claim, “at a Very Early Stage” The claim, recently filed with London’s High Court, is being led by U.S. law firm Morgan, Lewis & Bockius and involves firms such as […]
Business
April 29, 2025
Entain Appoints Stella David as Permanent CEO Amid Strong Q1
Global sports betting and gaming powerhouse Entain plc (LSE: ENT) delivered a better-than-expected first quarter for 2025. Strong online growth and solid contributions from BetMGM helped the group maintain its positive momentum. Excellent Online Growth For the three months ending March 31, the FTSE100 company that posted stable 2024 financial results recorded a 9% year-over-year […]
Business
April 28, 2025
BetMGM Turns EBITDA-Positive as Q1 Report Shows Strength
Sports betting and online gaming giant BetMGM has reported its financials for the first quarter of the year, highlighting spectacular performance across both verticals. Most importantly, the brand posted EBITDA-positive results for the first time ever, heralding a new era for the business. The growth of the company, which is jointly owned by Entain and […]
Legal
April 2, 2025
Entain Accused of Neglecting Money Laundering Red Flags in Australia
The parent company of Ladbrokes and Neds, Entain, is facing scrutiny in Australia, where the body responsible for preventing, detecting and responding to criminal abuse of the financial system, the Australian Transaction Reports and Analysis Centre (AUSTRAC), claims the company systemically breached the country’s anti-money laundering (AML) laws and failed to conduct proper checks for […]
Business
March 6, 2025
Entain Posts Robust 2024 Financials, Expects Continued Growth
Global gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billion), supported by an 8% increase in EBITDA to £1.09 billion ($1.41 billion). Entain remains optimistic regarding its prospects […]
Industry
February 20, 2025
Two Major Executives Depart from Entain Australia and New Zealand
Earlier this month, the leading gaming and entertainment company, parent to globally recognizable brands, Entain, announced the unexpected departure of its CEO, Gavin Isaacs. Now, a newly released report suggests another major switch in the company’s leadership, this time affecting its New Zealand and Australia operations. Lachlan Fitt and Cameron Rodger Leaving Entain It was […]
Legal
February 17, 2025
Ex-Entain Executives Seek Legal Action over Privileged Information
Ex-Entain CEO Kenneth Alexander and former chairman Lee Feldman have filed a legal claim against the gambling giant and its long-standing legal adviser Addleshaw Goddard (AG) for alleged unauthorized disclosure of confidential information during a £615 million ($775 million) deferred prosecution agreement (DPA) regarding historic bribery failings. This case follows similar legal action against the […]
Industry
February 13, 2025
MGM Advances Plans to Control Las Vegas Sportsbooks
The leading gaming and hospitality operator with a strong presence on the Las Vegas Strip, MGM Resorts Internation, made a major step toward managing BetMGM, the joint venture it owns in collaboration with Entain. The process continues to gain traction, after a recent hearing with the Nevada Gaming Control Board (NGCB). MGM Resorts Will Leverage […]
Business
February 11, 2025
Entain CEO to Change Again with Gavin Isaacs’ Departure
The global sports betting and gaming group, as well as FTSE100 company, Entain plc, announced unexpected changes to its senior-level team. On Tuesday, the company confirmed that its newly appointed Chief Executive Officer (CEO), Gavin Isaacs, is stepping down from his role. The Company Will Once Again Seek New CEO It was back in July […]
