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Entain owns Ladbrokes and Coral betting shops as well as bwin and partypoker online brands

Entain lifts full year profit outlook

Entain has today raised its annual profit forecast and reported a 12% rise in its quarterly online gaming revenue, as the British gambling firm benefited from the football World Cup.

Business • 01 Feb 23

Entain owns the Ladbrokes and Coral betting shops as well as bwin and partypoker online brands

Entain sees higher quarterly online gaming revenue

Entain has today forecast its fourth-quarter online gaming revenue to improve on the prospect of the soccer World Cup set to start next month.

Business • 13 Oct 22

Australia's financial watchdog to probe Entain unit

The Australian financial crimes regulator said it opened an investigation into British sports betting giant Entain to assess whether it was complying with anti-money laundering and counter-terrorism financing laws.

Business • 12 Sep 22

Entain said it will pay £600m in cash for Croatia's SuperSport

Ladbrokes owner Entain to buy Croatia's SuperSport

Gambling firm Entain said today it would launch a new venture to drive growth in Central and Eastern Europe markets and purchase Croatia's SuperSport Group after the Ladbrokes owner reported a surge in its first-half profit.

Business • 11 Aug 22

Entain, which owns Ladbrokes and Coral, said its retail shops were trading ahead of expectations

Ladbrokes owner Entain lowers online revenue outlook

Ladbrokes and Coral betting shops owner Entain said today it expects online gaming revenue to be flat this year, lower than a previous outlook the company had provided in March, as customer spending took a hit due to a cost-of-living crunch.

Business • 07 Jul 22

Entain's quarterly revenue soars by 31%

British gambling firm Entain has today reported a surge in first-quarter total net gaming revenue, benefiting from a rebound at its retail shops even as online growth declined.

Business • 07 Apr 22

Entain owns Ladbrokes and Coral betting shops as well as online brands such as bwin and partypoker

Ladbrokes owner Entain's profit rises on online growth

Entain said the popularity of online betting during lockdowns saw it reporting higher annual core earnings today, but the British gambling firm refrained from paying shareholders a dividend.

Business • 03 Mar 22

Entain owns the Ladbrokes and Coral betting shops

Ladbrokes owner Entain reports higher Q4 revenue

Gambling firm Entain's quarterly revenue from online betting slipped after years of steady growth, while betting activity at its physical shops bounced back on easing of coronavirus restrictions.

Business • 20 Jan 22

Entain is home to the Ladbrokes and Coral betting shops as well as the bwin and partypoker online brands

Entain revenue rises amid focus on DraftKings bid

British gambling firm Entain, the subject of a takeover approach from US rival DraftKings, has today reported stronger quarterly gaming revenue and said betting volumes at its UK shops were improving.

Business • 12 Oct 21

DraftKings plans to offer £28 per Entain share, representing a premium of 46.2% to the UK firm's closing price on Monday

DraftKings courts UK's Entain with $22.4 billion offer

British gambling firm Entain said that US fantasy sports betting company DraftKings had made a takeover proposal that valued it at $22.4 billion.

Business • 22 Sep 21

Entain, the owner of Ladbrokes and Coral brands, has reported an 11% rise in first-half net gaming revenue

Entain to double investment in game studios

Entain, the owner of Ladbrokes and Coral brands, has today reported an 11% rise in first-half net gaming revenue, as the resumption of sporting events including the Euro 2020 boosted betting volumes.

Business • 08 Jul 21

Gambling firm Entain owns the Ladbrokes and Coral brands

Shop closures hit Entain's revenue despite online jump

UK gambling group Entain has today reported a drop in total net gaming revenue for the first quarter, as a hit from pandemic-led shop closures outweighed a bump in online betting during coronavirus lockdowns.

Business • 15 Apr 21

Ladbrokes owner Entain said it would not be prudent to pay a dividend at this time

Entain holds off on dividend despite profit jump

Ladbrokes owner Entain said Covid-19 uncertainties kept it from declaring a dividend despite a jump in 2020 earnings and that it was expecting online volumes to ease when shops re-open after surging during lockdowns.

Business • 04 Mar 21

Ladbrokes owner Entain raises its cash offer for rival Swedish sports betting firm Enlabs

Ladbrokes owner Entain raises offer for rival Enlabs

Ladbrokes owner Entain has raised its cash offer for rival Swedish sports betting firm Enlabs to value it at around 3.7 billion crowns ($440.16m) and said it would not increase the price further.

Business • 01 Mar 21

Ladbrokers owner Entain names new chief executive

Ladbrokes owner Entain names its new CEO

Ladbrokes owner Entain has named non-executive director Jette Nygaard-Andersen as its chief executive officer, making her the first woman to lead a company in the UK gambling industry.

Business • 21 Jan 21

Casino operator MGM Resorts International drops its plans to buy Ladbrokes owner Entain

MGM Resorts scraps takeover plans for Ladbrokes owner

Casino operator MGM Resorts International has today scrapped plans to buy Ladbrokes owner Entain, saying it does not intend to submit a revised proposal for the British firm that snubbed an $11 billion takeover approach earlier this month.

Business • 19 Jan 21

Ladbrokes-owner Entain rejected an $11 billion takeover approach from US casino operator MGM Resorts International last week

Entain CEO resigns days after MGM approach rejected

Ladbrokes owner Entain said today that its chief executive Shay Segev was leaving the gambling firm just seven months after taking the role.

Business • 11 Jan 21

Ladbrokes owner Entain this week rejected an $11 billion takeover approach from US-based MGM Resorts

Ladbrokes owner offers to buy Sweden's Enlabs

Ladbrokes owner Entain said today it has offered to buy Swedish-based sports betting firm Enlabs for about $343m, just days after it rejected an $11 billion takeover approach from US-based MGM Resorts.

Business • 07 Jan 21

MGM has indicated that a limited partial cash alternative would also be made available to Entain shareholders

Ladbrokes owner receives $11bn takeover offer from MGM

Ladbrokes owner Entain said an $11 billion bid proposal from US casino operator MGM Resorts significantly undervalued its business in the latest transatlantic move in a fast consolidating sector.

Business • 04 Jan 21

Entain