Allwyn: We want to get more young people playing the National Lottery September 1, 2024 The National Lottery, once a staple of Saturday night television, is hoping to rejuvenate its ageing demographic with plans to draw in a younger crowd. Andria Vidler, the chief executive of Allwyn, the company now responsible for running the Lottery, has said there is a need for change. The Lottery has “aged,” she said, adding [...]
Analysts ‘sceptical’ about Flutter’s £2bn bid for Playtech’s Italian arm August 19, 2024 Flutter Entertainment’s potential £2bn swoop on Italian betting firm Snaitech, the consumer division of ‘white label’ gambling technology provider Playtech, has left some analysts unconvinced. Playtech has granted a period of exclusivity for Flutter to complete due diligence, although the Paddy Power and Betfair owner said at this stage there is “no certainty” that it [...]
Paddy Power and Betfair owner Flutter in talks for £2bn Snaitech deal August 14, 2024 Paddy Power and Betfair owner Flutter Entertainment is in talks to buy Italian gambling company Snaitech, the consumer division of Playtech, in a deal that could be valued at around £2bn. “Playtech confirms it is in discussions with Flutter and has granted Flutter a period of exclusivity to complete due diligence and finalise the necessary [...]
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: 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.
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.
Election 2024: Labour suspends candidate after Gambling Commission probe June 25, 2024 A Labour candidate has been suspended by the party after the Gambling Commission launched an investigation into him.
Election 2024: Cleverly says ‘no reason to believe’ cabinet ministers made bets June 23, 2024 James Cleverly has said he had “no reason to believe” any cabinet ministers placed a bet on the timing of the general election.
Flutter’s big bet on US’ FanDuel pays off but $1bn-plus charges hit bottom line March 26, 2024 Gambling giant Flutter saw revenue jump almost 25 per cent in the last financial year, driven predominantly by significant growth in the US.
Entain shares drop: Ladbrokes owner hits record online punters before ‘significant’ UK regulation changes March 7, 2024 Ladbrokes owner Entain reported an uptick in EBITDA in 2023 but expects regulatory challenges next year