Entain: US Open set to be most bet-on grand slam ever Sport Business Betting on tennis is soaring with the US Open at Flushing Meadows set to be the most bet-on grand slam in history. Ladbrokes, Coral and BetMGM owner Entain is forecasting the coming major, which begins in New York later today, to smash betting records across tennis. The racket sport has climbed into the top two [...]
Entain cashes in as BetMGM partnership pays off betting Gambling giant Entain has posted first-half year results ahead of expectations, driven by a strong recovery in its online division and an accelerating performance from its US joint venture, BetMGM. The FTSE 100 operator behind brands like Ladbrokes and Coral reported its total Group Net Gaming Revenue (NGR), including its 50 per cent share of [...]
Entain’s betting operator rises on iGaming boom and sports betting gains betting Entain’s sports betting operator, BetMGM, posted strong revenue growth thanks to record iGaming performance and an improved online sports betting strategy. The sports book and iGaming giant told the market on Tuesday that it achieved $2.1bn (£1.69bn) in net revenue for the year, up seven per cent from 2023. Its iGaming division led this growth, [...]
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 [...]
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.