Tag Archives: Jette Nygaard-Andersen

Entain Plc stands by its growth strategy and long-term financial prospects, following a transformative H1 trading period in which the FTSE gambling group acquired four new businesses to its global portfolio.  Publishing its 2023 Interim trading results, Entain registered a net group revenue (NGR) of £2.4bn, up 14% on H1 2022 results of £2.1bn. Generating a period NGR of £1.65bn …

Entain is embarking on its latest acquisition, continuing to widen its brand portfolio and expand its US standing by securing a takeover of Angstrom Sports. The total transaction cost equals £81m plus contingent payments of up to a maximum of £122m, payable over three years, with the FTSE100 betting and gaming group anticipating closure of the acquisition to take place …

Entain Plc has lauded the significant milestones achieved during the past 12 months to strengthen the FTSE100 global gambling group’s Environmental, Social, and Governance (ESG) standards. As outlined in its ‘2022/2023 ESG Report‘, Entain has demonstrated an “unwavering commitment to sustainability and ethical business practices”, recognised as pillars central to the company’s long-term strategy and sustainability of business across all …

The UK’s betting and gaming industry is processing and reacting to the outcomes of the Gambling Act review White Paper, having waited over two years for government judgement on the sector’s regulatory future. Issuing statements in the immediate aftermath of the publication, Entain and Flutter welcomed the White Paper as providing clarity for British betting to move forward. Meanwhile, in …

Entain Plc has declared that it is “well-positioned” to achieve all 2023 corporate objectives, as it reports on a period of record levels of active customers, boosting its financial results, whilst demonstrating continued momentum across worldwide operations.  This morning, the FTSE100 gambling group published its Q1 trading update, covering the period from January 1 to March 31, 2023. Headline results …

Entain Plc’s leadership duo of CEO Jette Nygaard-Andersen and Deputy Rob Wood have notified investors that 2023 will be a tougher year for the FTSE100 gambling group’s UK arm.  Though the firm’s revenue make-up continues to be diversified via M&As, UK brands accounted for 27% of Entain’s online NGR – contributing approximately £840m of the group’s £3.3bn online NGR results …

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 …

Ending a 15-month absence from the country, Entain has re-entered the Dutch online sports betting market via its finalised takeover of local firm BetCity.nl. BetCity is the operating brand of BetEnt, which was acquired by Entain last June for an initial consideration of €300m (£257m), with a balancing payment due to be made once the company’s 2022 value is confirmed. …

Entain’s esports betting platform unikrn has been relaunched one year after purchase, securing market entry in Brazil and Canada. Going live in South America’s largest country and all Canadian provinces except Ontario, the esportsbook plans to embark on expansion in additional regulated markets throughout 2023.  The brand will offer its flagship esports betting markets, as well as traditional sports wagering …

Entain has celebrated the development and coverage of its ‘Advanced Responsibility and Care’ (ARC) programme which operates across 22 active markets.  Hosting its second annual ‘Entain: Sustain’  ESG event, ARC was branded as a game changer for safer gambling, providing real-time predictive modelling on customer behaviour and engagement with products. The programme’s proprietary built ‘Protector Model’ is reported to have …