Entain shares jump as UK arm returns to growth on Olympics and Euro boost September 9, 2024 Shares in Ladbrokes owner Entain jumped as much as 7.6 per cent in early trade after investors were cheered by news that a sport-heavy summer drew in extra punters. Online net gaming revenue (NGR7 ) has continued to grow faster than expected, the London-listed gambling firm said in a trading update on Monday, as the [...]
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 [...]
Ladbrokes owner Entain warns of slower online gaming revenues September 25, 2023 Coral and Ladbrokes owner Entain has slashed its full-year outlook for online gaming revenues after worse-than-expected recent trading and said it was ramping up efforts to overhaul the business. The group said online net gaming revenues had been softer than predicted since the summer as sporting results went in favour of punters, as well as [...]
Entain: FTSE 100 giant’s strategy ‘bearing fruit’ as Ladbrokes owner’s loss narrows August 8, 2024 It comes ahead of the arrival of new chief Gavin Isaacs, who is set to join Entain in early September, while David will succeed as chair at the end of that month.
Entain: Coral and Ladbrokes owner to pay £585m after bribery investigation November 24, 2023 Entain said it had reached an agreement with HM Revenue & Customs which would see it paying £585 million in penalties and disgorgement of profits.
Entain: Investor group £150m lawsuit filed against gambling giant and Ladbrokes owner August 21, 2024 London-listed betting and sports gaming company Entain has been hit with legal action over alleged bribery at a former Turkish subsidiary
Entain: Paris Olympic bets doubled from Tokyo as time zone proves more convenient August 16, 2024 According to sports betting giant Entain, gamblers worldwide placed bets on the 2024 Olympics at double the rate of the Tokyo Games as the Paris time zone was apparently more convenient for punters. Across Entain’s brands, the men’s basketball final was the most popular betting event, with the showdown between the USA and France generating [...]
Ladbrokes-owner Entain shares take hit after £45m loss November 2, 2023 Entain shares fell as much as five per cent on Thursday after the Ladbrokes owner suffered from weak sport revenues.
Troubled Entain appoint Wall Street activist to board in bid to soothe investor unrest January 3, 2024 Entain has appointed Eminence Capital founder Ricky Sandler to a non-executive role on its board of directors.
Entain looks at clawing back bonuses after Turkish bribery claims August 13, 2023 The company, which owns Ladbrokes, Coral and Sportingbet, plans to find out if it can recoup bonuses paid to former board members