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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 […]
Business
January 23, 2023
MGM Reportedly Plans Business Combination with Entain
A recent report released by one of the leading financial service providers in the world, Deutsche Bank, suggests that a combination between Entain and MGM Resorts is possible and even represents a “fairly obvious combination.” According to analysts, a combination of the duo is likely to receive the support of shareholders. Founded in 1986, MGM’s […]
Business
January 18, 2023
Entain Speeds Up Withdrawal from Unregulated Markets
This move is in line with the company’s commitment to sustainability, growth, and innovation, which it made back in 2020. 100% of Entain’s Revenue to Come from Regulated Markets by the End of This Year In November 2020, Entain announced a clear strategy with the goal of ensuring that 100% of the group’s revenue would […]
Industry
January 17, 2023
Entain and McLaren F1 Launch Returnship Program
Entain and the McLaren F1 Team joined forces for a new campaign. As announced in 2022, the two companies will work together to inspire women to return to careers in STEM (Science, Technology, Engineering and Mathematics). Entain and McLaren F1 to Inspire Women to Reignite their Careers The new initiative, called Returnship, seeks to bridge […]
