Tag Archives: Entain Plc

Environmental, Sustainability and Governance (ESG) initiatives are a growing focus of corporations across all mass market sectors. Though cynics may argue that the policies function largely as a public relations exercise, for Robert Hoskin this is far from the case.  To date Hoskin’s career reflects the ever-changing landscape of igaming, witnessing first-hand PartyGaming’s transition through subsequent M&As with Bwin, GVC …

Entain Plc has upped its expected full-year 2021 EBITDA results to be in the range of £875-to-£885 million, as the FTSE100 gambling group delivers on its high-growth targets.  Publishing a Q4 trading update, Entain cites that FY2021 group net gaming revenues (NGR) will be up 7% on corresponding 2020 results. Growth is attributed to the robust performance of its online …

MGM Resorts and Entain Plc have issued a joint statement on their US venture BetMGM, that targets a net revenue result of $1.3 billion for 2022 trading.  Of significance, the venture will aim to be EBITDA results positive in 2023, marking a significant milestone for the business that was launched in the summer 2018.  The two group’s aim to maintain …

Entain Plc has announced a breakthrough achievement for its headline CSR Foundation’s partnership with SportsAid, as sponsored athlete Niall Treacy has qualified for the Beijing 2022 Winter Olympics (4-22 February). Treacy (21) from Henley-in-Arden in Warwickshire will represent Team GB as an elite short-track speed skater competing in Beijing’s 1000m race. Team GB announced Treacy’s selection following his fourth-place finish …

The Betting and Gaming Council (BGC) has provided an overview of the gambling industry’s 2021 CSR initiatives, focusing on community outreach, economic and social contribution, promotion of equality and diversity, employee support and environmental initiatives.  A number of prominent companies were highlighted in the report, including bet365 Group, Flutter Entertainment, William Hill, Gamesys and Entain, whilst BGC members in general …

Entain Plc has extended its ‘put-up or shut-up’ deadline to DraftKings, as investors of the FTSE100 gambling group demand that its US suitor put definitive terms on its $20 billion acquisition bid. In an official announcement this afternoon, the gambling group detailed that it requires ‘a number of matters to be satisfactorily resolved ‘by no later than 5.00pm on 19 …

Entain Plc has extended its long-term partnership with sports charity SportsAid, with the aim of providing funding to young Team GB athletes at the Paris 2024 Olympic and Paralympic Games. As a result of the extension, the FTSE 100 company will double its financial backing for SportsAid, taking its total financial commitment to £500,000 by Paris 2024, having so far …

Entain Plc has been featured on Bloomberg’s ’50 Global Leaders’ campaign – showcased amongst the most effective global firms achieving its sustainability objectives as a corporate discipline. The campaign, which is being promoted on Bloomberg’s digital media platform, highlights the work on environmental, social and corporate governance (ESG) initiatives and directives by leading international companies.  Showcasing Entain, Bloomberg highlighted the …

Entain Plc is planning on improving safety and support structures of its interactive entertainment projects as the company aims to implement lessons learned in other sectors to safeguard the growth of its wider customer base. Through its not-for-profit Entain Foundation, the Group plans to build on work initiated with partners in the US to help video gaming and esports players …

Australia’s sports betting incumbents will be closely monitoring the interim results of Entain Plc, published on Thursday 8 July, to see if the FTSE100 gambling group increases its offer to acquire Tabcorp Holdings’ TAB wagering unit. First off the mark, last February Entain launched its initial AUS $3 billion (€2bn) offer to acquire TAB’s wagering and media divisions – an …