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Business
May 5, 2021
Evolution Launches Full Games Suite in the UK with Entain Brands
Supplier of B2B Live Casino services Evolution announced in a press release today it went live in the UK via Ladbrokes and Coral, with the other Entain brands, Gala Casino and Gala Bingo set to follow suit. Evolution’s Full Breadth of Online Games The UK launch expands the current partnership in the online casino space […]
Business
May 4, 2021
XB Net and Entain Will Continue to Deliver Racing Content
XB Net, a global betting premium supplier for horse and greyhound racing, has renewed its partnership with Entain, international gaming and sports betting operator. Xb Net Continues Its Collaboration with Entain XB Net, a global wagering solution and leading premium supplier of content for horse and greyhound racing in North America, has announced the renewal […]
Business
April 27, 2021
Tabcorp Confirms Renewed Entain Bid, Continues with Review
Entain has put forward a revised offer to buy out Tabcorp’s sports gambling business with $3.5 billion now the best option available on the table. Bids for Tabcorp Are Still Unsatisfactory The gentlemanly bidding war for Tabcorp’s media and sports betting operations in Australia counties as Entain may have fallen short with its renewed $3.5 […]
Industry
April 23, 2021
Betting Is Increasingly Social Activity, Says Recent Study
Entain released the results of a new study titled “Lockdown Spurs Rising Demand for Personal Freedom and Choice”. Approximately 94% of the participants of the survey support that they should be free to decide how they would like to spend their time and money. Additionally, 55% of the participants deemed gambling a social activity. British […]
Business
April 22, 2021
BetMGM: First Quarter 2021 Revenue 90% of 2020 Total
BetMGM, a US sports betting and iGaming brand, released some details regarding its first quarter financial performance ahead of the official release and press conference on April 28, 2021. The company jointly owned by MGM Resorts International and Entain released the figures during its investor day event. Exceptional First Quarter BetMGM announced as part of […]
Business
April 15, 2021
Entain Reports Strong Momentum in Beginning of 2021
Entain’s 1Q2021 financial results show a strong start to the year with growth across all major online markets. Entain Ready to Challenge Second Place in the US Today, global sports-betting and gaming entertainment group Entain posted its financial results for the period from 1 January to 31 March 202. The company reported a 33% rise […]
Industry
March 29, 2021
Entain: Gender Pay Gap Stands at 7.1% in 2020 vs UK Average of 15.5%
Entain’s pay between male and female employees in the business in 2020 is below the UK average, according to the company’s recent gender pay gap report. Gender Parity in Retail Business Beneficial for Low Pay Gap The sports betting and gambling company announced its median hourly pay gap for 2020 is 7.1%, which is lower […]
Business
March 29, 2021
Tabcorp Turns Down Entain $3bn Bid, Says It’s “Little Light”
After a month to consider, Tabcorp has turned down a $3bn bid by Entain for the company’s wagering and media division, arguing that the bidder has underestimated the company’s actual value. Tabcorp Says No to $3bn Entain Bid Tabcorp has formally rejected a $3 billion bid by Entain this morning and has launched a broad strategic review […]
Business
March 23, 2021
Entain Requests Rent Cuts Ahead of Retail Sector Re-Opening
Global sports betting and gaming group Entain requested landlords in the UK for rent cuts for its high-street betting shops ahead of the planned re-opening of the retail gambling sector in the country. Rent Reduction Will Ensure Business Sustainability The owner of Coral and Ladbrokes sent the letter only to landlords which have leases due […]
Business
March 22, 2021
Entain’s Acquisition of Enlabs Moves Forward
Approximately 94% of Enlabs’ shareholders approved Entain’s offer for acquisition at SEK53 per share. This sets a price tag for the acquisition of approximately SEK 3.7 billion. The Majority of Enlabs’ Shareholders Accepted Entain’s Offer Entain, the global betting and gaming group, announced today that its takeover of Enlabs AB moved one step forward. The […]