Mark Kleinman: Entain’s new CEO will be gambling with career business Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at Entain’s future chief, Legal and General and Dexters Entain’s new CEO will be gambling with career Talk about a glutton for punishment. I hear that Entain, the FTSE-100 gambling [...]
Entain’s £585m fine shows flourishing ‘maturity’ of Crown Prosecution Service Live! Corporations need to be wise to the fact that a deferred prosecution agreement (DPA) can come from all prosecuting bodies, not just the Serious Fraud Office (SFO), warns lawyer. News broke that the company behind Coral and Ladbrokes will pay £585m after a probe into alleged bribery at a former Turkish subsidiary. The DPA action [...]
Ladbrokes owner Entain’s chief exec walks following £615m bribery fine What are the odds... The chief executive of Entain is to depart following the resolution of a bribery scandal at its former Turkish business.
Mark Kleinman: Metro Bank’s investors deserve answers, Entain’s bad bets and John Allan’s return October 12, 2023 The must-read column from the man in the know: Sky News’s City editor Mark Kleinman Metro Bank’s investors deserve answers 2023 is turning out to be a banner year for weekend overtime at Britain’s banking regulator. After officials’ February night-shifts overseeing the rescue of Silicon Valley Bank and UBS’s emergency takeover of Swiss banking rival [...]
Entain announces Aussie gambling veteran as new chief July 22, 2024 Ladbrokes owner Entain has announced the appointment of Gavin Isaacs as its new chief executive, starting 2 September.
Entain: Ladbrokes owner’s revenues hit by gambling regulations April 17, 2024 Entain said that as the UK regulatory landscape levels out, it will "position our brands well for growth into 2025".
Entain shares bounce as activist investors pile on pressure November 23, 2023 The activist investors are concerned for Entain’s recent poor performance in its core markets and the ability of its chief executive.
Entain mulls sale of international brands to rescue sinking share price March 14, 2024 Entain has reportedly hired advisers including Wall Street boutique advisory Moelis as it considers shredding some of its overseas brands.
Entain: Shares tumble after US division predicts full year loss July 29, 2024 Entain's aggressive expansion in the US helped the gambling firm's American division to bring in over a billion dollars (£780m) of revenue in the first half of the year, as it ramps up marketing spend.
Ladbrokes owner Entain sees shares tumble as sales slide September 25, 2023 Shares in Entain, the London-listed owner of Ladbrokes, have tumbled to their lowest point since 2020, sharply falling over 11.5 per cent on Monday. The drop followed the company’s announcement of a decline in online net gaming revenue for both the third quarter and the full year. Entain blamed this on a combination of regulatory [...]