Mark Kleinman: FCA is naming and shaming itself, not the City February 20, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he tackles name and shame at the FCA, a gamble at Entain and a business group revamp FCA is naming and shaming itself, not the City It’s rare to get a consensus this strong – but [...]
Entain shares drop as chief of Ladbrokes owner dramatically quits February 11, 2025 Ladbrokes’ owner Entain’s shares nosedived this morning after its chief executive quit following just five months in the job. The global sports betting giant said Gavin Isaacs had left the job “by mutual agreement” and with immediate effect. Reporting to markets this morning, Entain said its non-executive chair, Stella David, will take over the role until [...]
NFL betting: Super Bowl fans to wager billions on Swift, Gatorade, Eagles and Chiefs February 9, 2025 The NFL Super Bowl, in all of its commercial glory, will take the headlines across the next 24 hours; whether that be the half-time show, the result of the adverts. But the betting markets this weekend are a fascinating watch, with last year’s Super Bowl – when comparing bet-on events – beating out the Euros [...]
Entain’s betting operator rises on iGaming boom and sports betting gains February 4, 2025 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, [...]
KPMG: Regulator probes Big Four firm over audit of Ladbrokes-owner Entain January 20, 2025 The accountancy watchdog has kicked off an investigation into Big Four firm KPMG over its audit of gambling giant Entain
Entain reveal sports events punters bet on the most in 2024 December 26, 2024 Betting giant Entain has revealed the biggest sporting events of 2024, using their global sportsbook to identify which events saw the most bets placed. The Grand National was the runaway winner but 60 per cent of the top 10 featured matches from the summer’s Euro Championships in Germany. The NFL, Champions League final and golf’s [...]
Shares in Ladbrokes owner Entain slump on money laundering investigation December 16, 2024 Entain shares fell nearly seven per cent this morning after the gambling giant was sued by Australian authorities over a failure to comply with anti-money laundering rules. The Australian Transaction Reports and Analysis Centre (Austrac) said on Monday that Entain’s Australian subsidiary failed to properly identify anti-money laundering risks in its first proceedings against an [...]
Entain upgrades guidance after boost from Euros and NFL October 17, 2024 Gambling group Entain has upgraded its guidance after popular sports matches helped it grow its gaming revenue and deliver a stronger than expected performance in the third quarter The owner of Ladbrokes and 888casino said total net gaming revenue (NGR) grew eight per cent in the three months to 30 September, including its 50 per [...]
Gambling stocks Flutter, Entain and Evoke nosedive on Budget tax fears October 14, 2024 Shares in British gambling firms plummeted on Monday morning after reports that the government was eyeing up £3bn tax rises on the sector in a move that one investment bank said would “all but wipe out bookmaker profitability in the UK”. William Hill-owner Evoke saw its share price crater by over 13 per cent in [...]
CPS offers pleas to Entain suspects ahead of charging decisions October 4, 2024 The Crown Prosecution Service (CPS) offers pleas discussions with suspects from Entain as it gears up to make charging decisions by end of the year