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Business
November 21, 2024
Entain Intends to Close Beloved Crayford Racing Track
Gambling giant Entain intends to put an end to its greyhound racing track in Crayford. The gambling giant revealed that the racetrack is no longer as profitable as it once was, leading to this difficult decision. The Racetrack Is No Longer Profitable The Crayford Greyhound Stadium has been operating since 1986. Because of its […]
Business
October 18, 2024
Entain Excels in Brazil But Executives Expect Growth to Slow Down
Entain, which just published its Q3 trading update, which highlighted favorable results, including the company’s rapid growth in Brazil. In the company’s earnings call, however, the company’s leadership suggested that this growth is likely to slow down a bit following the launch of Brazil’s regulated sports betting market. Entain Is No Longer Experiencing Regulatory Drag […]
Business
October 17, 2024
Entain Posts Favorable Q3 Figures, Decides Against Crystalbet Sale
Gambling giant Entain has posted a trading update for the third quarter of the year, highlighting results that were ahead of the forecasts. At the same time, Entain decided to retain the Crystalbet brand. The Q3 Results Were Unexpectedly Strong In its official report, Entain highlighted an 8% increase in its total group net gaming […]
Industry
September 24, 2024
Entain Supports Stricter Measures Against the UK Black Market
British gambling giant Entain has backed a new report, which sets out “highly effective countermeasures” against the black market. Some of the highlights include proposals to blacklist offshore operators, restrict marketing and payment provision and boost regulatory enforcement efforts. Overall, Entain and the report argued that the government should implement new policies amid growing competition […]
Business
September 9, 2024
Entain Posts H2 Growth Update, Highlights Favorable Performance
Gambling giant Entain just published an update on its strategy and trading momentum, reporting progress into the second half of the year. The company highlighted its recent achievement, expressing confidence in results that have so far exceeded its expectations and optimism about the future of its business. The report’s release comes ahead of investor meetings […]
Legal
August 23, 2024
Investors to Take Entain to Court over Declining Share Price
Entain’s troubles related to its historic business in Turkey are not over yet. While the gambling giant did reach a deferred prosecution agreement (DPA) with the Crown Prosecution Service (CPS), the whole process took a toll on the company’s shares. Needless to say, investors aren’t happy. Investors Take Entain to Court A group of institutional […]
Business
August 14, 2024
Entain’s Incoming Boss Readies to Step Down from Galaxy Gaming’s Board
An industry veteran, Gavin Isaacs, is preparing to step in at the helm of Entain, one of the largest betting and gaming companies worldwide. To ensure that he pays his undivided attention to the company, Isaacs has now confirmed that he will take an exit from Galaxy Gaming’s Board of Directors on August 30. Isaacs […]
Business
July 29, 2024
BetMGM Posts Negative H1 EBITDA Amid Investment Year
Gaming and betting giant Entain has published a report concerning the BetMGM brand’s performance in the first half of 2024 (H1). Co-owned by Entain and MGM Resorts International, the operator recorded accelerating momentum through the year. Negative EBITDA Is in Line with Expectations The H1 update highlighted net revenue from operations of 1 billion, up […]
Business
July 22, 2024
Entain Appoints Gavin Isaacs as New Chief Executive Officer
Entain plc, one of the largest sports betting and gaming groups in the world built on proprietary technology, has announced the appointment of Gavin Isaacs as its new chief executive officer. Isaacs, who is currently taking on a non-executive director position at Games Global Limited, will bring his two and a half decades of experience […]
Business
July 8, 2024
Entain Adds Helen Ashton as Independent NED
Gambling giant Entain has made yet another addition to its team, naming the experienced Helen Ashton as an independent non-executive director. As someone with decades of corporate and business experience, she will be a valuable addition to Entain’s board. In addition to becoming an independent NED, Ashton will also join Entain’s Audit Committee. The new […]
