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Gambling News - 'Entain'
Industry
February 5, 2025
App Used for Baby Monitoring Displays Ladbrokes Ads, Alarming Parents
Earlier this week, the UK Gambling Commission, the country’s gambling regulator, announced changes to deposit limits, as well as player fund protection. The move comes at a time when an overhaul of the gambling sector is ongoing and seeks to make the country’s laws fit for the digital age, ensuring the protection of consumers. Yet, […]

Sports
January 29, 2025
Entain: Tennis Bets, Second-Most Popular in the US and the UK
One of the largest sports betting and gaming groups built on proprietary technology, Entain, has released a fresh report revealing tennis as the second-ranking sport in terms of the number of in-play bets across the UK and US markets. Bettors Rely on Momentum Swings Entain attributes tennis’ popularity to momentum swings, where bettors use real-time […]

Business
January 23, 2025
MGM May Consider Bid for Entain or Remaining Stake in BetMGM
Several years ago, the leading hospitality and gaming company, MGM Resorts International, filed a bid to acquire Entain Plc. The proposed takeover of the partner with which the company holds 50% ownership in BetMGM, a leading betting and gaming brand in the US, was ultimately rejected. However, MGM Resorts reportedly may consider a similar move […]

Industry
January 21, 2025
UK Auditing Regulator to Investigate KPMG’s Audit of Entain
The Financial Reporting Council (FRC) of the United Kingdom, an independent regulator responsible for auditors, accountants and actuaries, has launched an investigation into KPMG’s audit of Entain’s financials. The probe comes amid KPMG’s shaky reputation in the wake of recent scandals. FRC to Investigate the 2022 Audit As confirmed by the FRC, the body has commenced […]

Business
January 15, 2025
Crayford Racing Track Confirms Upcoming Closure, Sets Date
In November, Entain confirmed its intention to put an end to the Crayford Greyhound Stadium greyhound track. Now, the track has confirmed the date of its last race as its closure draws near. Crayford Track to Close Before the End of the Month In an official statement, Crayford Racing confirmed that its final races will […]
Business
January 14, 2025
BetMGM & Entain Reaffirm 2024 Guidance amid Mixed Results
Entain plc and its subsidiary BetMGM have reaffirmed their 2024 EBITDA guidance ahead of their financial results report. This follows a recent Entain stock drop of nearly 10% due to market volatility. BetMGM and Entain Reveal Guidance for 2025 One of the world’s largest sports betting and gaming groups, Entain plc, as well as daughter […]
Legal
January 7, 2025
Two Former Entain Execs Sue UK Gambling Regulator
Two senior-level executives who used to be part of the management team of Entain’s predecessor recently filed a lawsuit against the gambling regulator in the UK, the Gambling Commission. Proposed Senior-Level Transition Results in Review by the UKGC That is the case of a legal claim filed by the former chair of GVC Holdings, now […]
Business
December 17, 2024
Jefferies Equity Analyst Prepares Investors for Entain AML Fine
At the start of the week, we announced that Ladbrokes and Neds’ operator and global gaming and betting company, Entain Group Pty Ltd, has been hit with civil penalty proceedings in Australia. The action, which followed a series of alleged breaches of anti-money laundering (AML) and counter-terrorism financing (CTF) policies, as described by the Australian […]
Legal
December 16, 2024
Entain Hit With Civil Penalty Proceedings in Australia
The Australian Government agency responsible for deterring, detecting and disrupting financial crimes and organized criminal activities, AUSTRAC (the Australian Transaction Reports and Analysis Centre), announced it initiated civil penalty proceedings against a recognizable betting and gaming operator. The Agency Claims Entain Breached AML, CTF Regulations On Monday, the agency confirmed that Ladbrokes and Neds’ operator […]
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 […]