Ladbrokes-owner Entain lowers profit margin forecast Ladbrokes-owner Entain has today lowered its online profit margin forecast for the year after it posted a drop in third-quarter gaming revenue, sending its shares … Business • 02 Nov
Ladbrokes owner Entain warns on online gaming revenue Ladbrokes owner Entain has today warned on its online net gaming revenues for the third quarter and the full-year, as the UK gambling firm grapples … Business • 25 Sep
Entain to buy US-based Angstrom Sports for £122m Ladbrokes-owner Entain has today agreed to acquire US-based Angstrom Sports for £122m as it looks to widen its footprint in the country. Business • 17 Jul
Entain may face penalty from UK tax authority Ladbrokes-owner Entain said today it was likely to incur a "substantial financial penalty" as part of an investigation by Britain's tax authority into issues including … Business • 31 May
Entain's net gaming revenue surges on robust demand Ladbrokes-owner Entain has reported higher quarterly net gaming revenues, helped by acquisitions and a rise in the number of the British gambling firm's active customers. Business • 18 Apr
Ladbrokes owner Entain flags 2023 regulatory headwinds British gambling firm Entain has today forecast some regulatory headwinds this year and reported a 13% rise in its annual profit, aided by strong betting … Business • 09 Mar
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 … Business • 01 Feb
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
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 … Business • 11 Aug 22
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 … 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 … Business • 07 Apr 22
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 … Business • 03 Mar 22
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 … Business • 20 Jan 22
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 … Business • 08 Jul 21
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 … Business • 15 Apr 21
Grand National sets record for online sports betting The Grand National was Britain's biggest ever online sports betting event as shop closures due to the Covid-19 pandemic meant punters had to go online … Business • 13 Apr 21
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 … Business • 04 Mar 21
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 … Business • 21 Jan 21
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 … Business • 19 Jan 21
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 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 … Business • 07 Jan 21
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 … Business • 04 Jan 21
Bookmaker GVC flags profit hit from virus-led closures Ladbrokes and bwin owner GVC has today warned of a £43m hit to profit if its gambling stores remain closed for an entire month under … Business • 02 Nov 20
GVC eyes higher annual profit on online gaming boost Ladbrokes and bwin owner GVC Holdings has raised its outlook for annual core earnings after posting a 12% rise in third-quarter revenue, helped by a … Business • 08 Oct 20
Ladbrokes owner profit slips but online betting surges Ladbrokes owner GVC has said it would not pay an interim dividend after it reported lower core profit for the first half of 2020. Business • 13 Aug 20
