Tag Archives: Entain

The Nevada Gambling Commission (NGC) has unanimously recommended that Entain be granted a licence to operate in the state, the historic heartland of US gaming.  Publishing its February agenda yesterday, the Commission revealed that it had assessed the suitability of key Entain board members, including CEO Jette Nygaard-Anderson. Also supporting the application were Joseph Simon (Chief Information and Technology Officer), …

Prominent bookmaker investors in SIS (Sports Information Services) are reportedly evaluating a sale in the betting services provider. According to Sky News, stakeholders Entain and Fred Done – collective owners of over 4,000 UK high-street betting shops across the Ladbrokes, Coral and Betfred brands – have asked investors to assess interested buyers. Other betting investors in SIS include 888’s William …

Just days before the Tommy Fury vs Jake Paul fight scheduled for 26 February, Entain has revealed that two thirds of Brits have sided patriotically with Fury. As the worlds of sports and entertainment collide – now being known as ‘sportainment’ – there has been a rise in YouTube stars such as Logan Paul, Jake Paul and KSI entering the …

Entain has been named the official sponsor of CONMEBOL Libertadores, CONMEBOL Sudamericana and CONMEBOL Recopa for the next three seasons. Through its Sportingbet and bwin brands, the operator aims to reinforce its commitment to supporting responsible football and betting in Latin America. Adam Lewis, Entain’s Managing Director for LatAm, stated: “We are proud to be official sponsors of CONMEBOL Libertadores, …

The board of Entain Plc has announced that Mark Gregory and Vicky Jarman will no longer serve as non-executive directors of the FTSE100 gambling group. The NED duo who joined Entain in 2021 have both given notice of their decision to step down from all corporate governance duties as of 17 February 2023. M&A and corporate finance expert Mark Gregory …

Laying out its plans for 2023 in its most recent earnings call, the leadership of MGM Resorts has made it clear that a potential acquisition of European partner Entain is not on the table.  The company has been involved in a long-running joint venture with FTSE100 gambling group Entain since 2018, operating the US-facing BetMGM brand. However, an escalation of …

Entain Plc has outperformed its FY2022 earnings guidance, following a strong close to year-end trading buoyed by peak online results.  Publishing its Q4 2022 trading update, Entain delivered a ‘strong group performance’ as group net revenues (NGR) increased by +11% (+7% constant currency basis).  Period trading saw the FTSE100 gambling group achieve a record online NGR of +12%, results reflecting …

SIS (Sports Information Services) has signed its biggest commercial deal of the year so far, partnering with Ladbrokes and Coral operator, Entain. The FTSE100 gambling group, the largest retail operator in the UK, will leverage SIS’ production technology services until December 2030, targeting a more flexible broadcasting schedule.  Additionally, the deal will also cover distribution of live racing content via …

BetMGM has exceeded its commercial targets for 2022, according to a joint-statement by venture partners Entain and MGM Resorts, as the US sportsbook achieves full year revenues of $1.44bn. The headline figure is above guidance issued 12 months ago, in which JV partners set a target of $1.3bn, as the firm’s revenue growth objectives are more than on track.  However, …

A total of £13,209,805 in voluntary donations was received by GambleAware in Q3 of the 2022/23 financial year, with two familiar faces leading the table in terms of total contributions. The charity explained that donations from the UK’s two largest operators, Entain and bet365, accounted for 90.4% of the total £13m figure, with the remaining 9.6% coming from a range …