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Business
March 14, 2023
Tiidal Confirms Plans to Sell Sportsflare to Entain
Esports and gaming platform company Tiidal Gaming Group and its subsidiary, Tiidal Gaming Holdings, confirmed they have entered into an agreement to sell all shares of their operating subsidiary, Tiidal Gaming NZ, the parent company of Sportsflare, a leading provider of wagering products with a focus on the esports vertical, to Entain. The new acquisition […]
Business
March 9, 2023
Entain Posts FY22 Results, Commits to Diversification and Sustainability
Global gambling giant Entain posted its financial results for the year ended December 31, 2022. The company highlighted its successes, noting that 2022 was a very strong year for the company. Entain reported that gaming revenue for the period increased by 12% year-on-year to around $5.17 billion (converted to USD). Online net gaming revenue experienced […]
Industry
February 24, 2023
BetMGM to Feature Responsible Gaming Messages in March
Sports betting and gaming operator BetMGM announced that its marketing and advertising campaigns will feature responsible gaming messages starting from March 1. Responsible Gaming Messaging The brand co-owned by MGM Resorts and Entain will align with the Problem Gambling Awareness Month initiative by introducing responsible gaming messages within its mobile app and across all advertising […]
Industry
February 24, 2023
BetMGM Partner Entain Receives License in Nevada
Entain, a London-based company, is MGM Resorts International’s partner in BetMGM, holding a 50% stake in the sports betting operator. Entain Executives Were Questioned about Social Responsibility and AML Failures The Las Vegas Review-Journal reported that during the meeting on February 23, Nevada commissioners asked about Entain’s $20.4 million fine from the UK’s Gambling Commission […]
Industry
February 23, 2023
Entain to Position Itself at the Forefront of ‘Sportainment’
As the long-awaited fight between Jake Paul and Tommy Fury is finally to take place this weekend, global gaming and entertainment group Entain shared some observations about the rise in exhibition fights and its effect on the entertainment industry. Fan Engagement Change Entain believes that the emergence of YouTube stars such as Logan Paul, Jake […]
Industry
February 20, 2023
Entain Board down Two Members as Non-executive Directors Resign
The two non-executive directors’ resignations are effective on 17 February 2023. Gregory and Jarman joined the operator in 2021, and both are highly-skilled professionals with years of relevant experience. They departed from Entain on a high note, as the company announced impressive growth during its 2022 financial report. Their time with the operator should add […]
Business
February 17, 2023
FBMDS Starts the Year with Strategic Collaboration with Entain
The fresh alliance forged in February between FBM Digital Systems (FBMDS), the company that wishes to become the primary supplier of customized technology for the iGaming industry, and Entain, one of the most successful gaming and sports betting groups on the planet, will expand on five continents. 70+ FBMDS Games to Reach Global Markets The […]
Business
February 1, 2023
Entain Reports Strong Fourth Quarter and 2022 Growth
On Wednesday, the company revealed it has seen an increase in its net gaming revenue (NGR) for the fourth quarter as well as the full year 2022. Judging by Entain’s latest report, NGR for Q4, which includes the period between October 1 and December 31, 2022, increased by 11% when compared to the corresponding period […]
Business
January 31, 2023
Entain Boosts Racing Experiences for Coral and Ladbrokes with SIS
The new collaboration focuses on the Ladbrokes and Coral brands based in the country and will result in the delivery of more high-quality content from the world’s biggest and most prominent horse racing events. Long-Term Collaboration to Benefit of Business and Fans The partnership will run through December 2030, signifying both companies’ trust in each […]
Business
January 26, 2023
BetMGM Outperformed in 2022, Preliminary Results Show
The figures, published by Entain which co-owns the brand, are more or less in line with earlier estimates. BetMGM Results Exceed Expectations BetMGM’s revenue for the period was expected to sit at $1.3 billion. The actual number, however, sits more closely to $1.44 million, exceeding earlier expectations. The operator also posted same-state growth in net […]
