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Industry
September 6, 2021
Entain Foundation Announced New Diversity-Promoting Initiative
The Entain Foundation, the charitable trust established by UK-based gambling group Entain, announced a new initiative in collaboration with Berlin University of Technology (TU Berlin) and the Nexus Institute for Cooperation Management and Interdisciplinary Research. Collaborative Effort The new initiative, Gendered Innovations, involves the development of a short-term executive training program that will promote innovative […]
Sports
August 25, 2021
Entain and SportsAid Extend Partnership through Paris 2024 Olympics
Global sports betting and gaming group Entain announced today that the Entain Foundation extended the long-term partnership with sports charity SportsAid for another three years. The Successful Partnership Continues The extension of the agreement that is set to ensure critical funding via the Entain Foundation to talented British athletes throughout the Paris 2024 Olympic and […]
Esports
August 13, 2021
Entain Agrees to Acquire Unikrn, Deal Expected by End of 2021
Entain, the global sports betting and gaming leader, announced that it has agreed to acquire Unikrn, the esports betting, and entertainment company. The company has also appointed Justin Dellario, formerly employed by Twitch, who will spearhead the company into the esports field. Entain Announces Plans to Acquire Unikrn Entain, the world’s largest sports betting and […]
Industry
August 12, 2021
Entain Reveals Interim Results, Marks Strong H1 2021 Performance
Entain’s net gaming revenue in the first half of 2021 hit $2.48 billion, according to interim results released today. Despite the difficulties brought by the new gambling laws in Germany, the company enjoyed a strong first half of the year. For H1 2021, Entain’s online net gaming revenue grew 28%. Entain Unveils Interim Results for […]
Industry
July 29, 2021
Entain Launches Initiatives to Support Vulnerable Esports Players
The sports betting and gaming entertainment leader launched the responsible gaming initiative ‘Mind Your Game’ aimed at helping players at risk. ‘Mind Your Game’ Seeks to Prevent Gambling Addiction The global leader in sports betting and gaming entertainment, Entain, is working in the area of customer protection through various education and support initiatives. The company’s latest efforts […]
Industry
July 27, 2021
Entain Is a Top Donator for GambleAware in Q1, 2021
UK’s responsible gambling charity, GambleAware, published details regarding donations and pledges received from businesses deriving income from gambling in Britain. The charity noted that it has received $3.2 million in donations and pledges for the three months ending June 30, 2021. The biggest donation which GambleAware received was $2.7 million, provided by Entain, one of […]
Business
July 19, 2021
Entain Set to Raise $1.125bn for M&A via New USD Loan
Global sports betting and gaming group Entain Plc announced it successfully priced and allocated a First Lien Term Loan B denominated in US dollars to the amount of $1.125 billion and with a maturity date of March 29, 2027. New USD Loan Entain explained that borrowers of the New Loan, which achieved favorable pricing of […]
Industry
July 19, 2021
MGM Resorts Is Reportedly Considering Another Run on Entain
One of the biggest casino and sportsbook operators in the US, MGM Resorts International, is on the verge of completing a deal it sees as a game-changer. MGM wants to buy out Entain Plc to completely control the jointly-led BetMGM sports betting operator, and is now free to make another bid. Back in January, MGM […]
Industry
July 8, 2021
Entain Expands Game Content Creation and Customization
Global gaming group Entain announced plans for fresh investments into creating new and engaging game content to continue to provide its customers with exciting products and experiences. Investment in New Talent The decision to double its investments into talent across its three in-house studios, CR Games near Oldham in the UK, Win Studios in Hyderabad, […]
Business
June 28, 2021
Entain Ready to Blow Competition for TAB, Mulling AU$4B+ Bid
UK-based gambling group Entain is mulling a new enhanced offer for Tabcorp’s media and sports betting assets to blow out competitors and acquire the business, several media in Australia report. TAB Bidding Impasse Having seen its opening bid for the Australian sports betting business of AU$3 billion ($2.3 billion) rejected in February, Entain followed with an improved proposal to AU$3.5 billion ($2.7 billion) in April, and now it […]