Tag Archives: FTSE

888 forms new CSR committee led by Lord Mendelsohn 

The board of 888 Holdings has formed a new ‘Environment, Social and Governance’ (ESG) committee to help structure and guide the FTSE250 online gambling group’s corporate social responsibility (CSR) duties and objectives. The ESG Committee will be led by Lord Jon Mendelsohn, 888’s forthcoming non-executive Chairman who will take leadership of the firm’s corporate governance duties from May onwards.  A …

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Entain strengthens credit check duties with Synalogik  

Entain Plc has partnered with financial security technology services provider Synalogik to deepen its verification and risk reporting accuracy protecting its group-wide customers. The FTSE100 group becomes the first major igaming operator to deploy Synalogik credit check and financial assessment systems, used by companies such as NatWest, O2, Telefonica, and Innovate UK.   A developer of customised credit verification systems for …

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Playtech nets five-year Flutter full service igaming contract extension

Playtech Plc has secured a further tier-1 operator contract extension, as Flutter Entertainment renews its lead igaming supplier services contract with the FTSE250 technology group.  Securing a new five-year contract, Playtech Plc will continue to serve as lead online gambling software and games supplier for Flutter’s Paddy Power, Betfair and Sky Casino brands. Flutter branded Playtech as a key strategic …

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William Hill to delist from the FTSE on 1 April

William Hill Plc has issued an update on the ‘timetable and conditions’ regarding its $3.6 billion takeover by US strategic partner Caesars Entertainment.      Caesars takeover bid was first disclosed and recommended by William Hill’s board to shareholders on 30 September 2020. Subject to shareholder and regulatory approval, Caesars $3.6 billion bid was put forward by the US operator’s special unit …

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US investor demands that Entain revise £250m Enlabs offer 

Entain Plc faces a shareholder clash in its £250 million pursuit to acquire leading Baltics online gambling group Enlabs AB. Texas hedge fund Alta Fox Capital Management, the owner of 3.3% of Enlabs shareholding, has said that it will refuse to sell any shares to Entain at the recommended offer of SEK 40 (£3.50) per share. Led by US investor …

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William Hill foots £30m retail loss for rollercoaster 2020

William Hill Plc has reported a strong Q4 trading period after closing a transformative year for the heritage FTSE betting group.  Updating investors, William Hill reported that group net revenues during Q4 increased by 9%, driven by a strong sportsbook comeback and the firm’s enhanced product offering and geographical expansion.  Positive Q4 trading has helped William Hill soften 2020 Covid …

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Playtech outrides hazardous 2020 ahead of consensus 

Playtech Plc has published a trading update informing investors that its full-year 2020 corporate performance is expected to be ‘ahead of market consensus’. The FTSE250 technology group anticipates reporting a ‘solid financial performance for 2020’ through delivering an adjusted EBITDA expected to be ‘at least €300 million’. Providing a review of its  2020 activities, Playtech underlined that the company had …

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Entain debuts Trident Community Foundation for grassroots football

Entain Plc, formerly known as GVC Holdings, has strengthened its ‘Pitching In’ grassroots sports investment programme by launching the ‘Trident Community Foundation’ in collaboration with regional non-league football partners of The Isthmian, Northern Premier and Southern Leagues. Working with its Trident partners, Entain has established a community foundation to provide direct funding to community-based projects, made available to 228 football …

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GVC seeks scientific edge with Dr Griffiths appointment as Safer Play advisor

GVC Holdings has appointed distinguished behavioural addiction expert and gambling psychologist Dr Mark Griffiths as a strategic advisor on player protections and the development of the firm’s ‘safer play’ technologies. Dr Griffiths, who leads gambling addiction research for Nottingham Trent University, will be tasked with auditing GVC’s group-wide policies, procedures and protocols with regards to developing safer gambling environments for …

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GVC rebrands to ‘Entain Plc’ to mark its ‘new era of sustainability and conduct’ 

GVC Holdings will rebrand its corporate identity to ‘Entain Plc’, as the FTSE100 online gambling group commits to operating 100% across regulated markets by the end of 2023 trading. This morning, GVC presented a series of strategic objectives to investors and analysts, outlining the firm’s ambitious plans to lead the global igaming sector in its era of sustainability and corporate …

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