Ladbrokes-owner Entain snaps up Canadian rival for £174m February 7, 2022 Digital gambling giant Entain has snapped up Canadian rival Avid Gaming in a deal worth C$300m (£174m), the firm announced today.
Ladbrokes owner Entain to launch £40m innovation hub in London January 31, 2022 Ladbrokes and Sportingbet owner Entain will launch a £40m global innovation hub in London as it looks to accelerate its expansion into entertainment.
Former F1 boss confirms withdrawal from race to snap up Playtech January 21, 2022 Ex-formula 1 boss Eddie Jordan has confirmed he has pulled a potential £3bn takeover bid for Playtech.
Ladbrokes owner delivers modest results amid US expansion and bookie bounceback January 20, 2022 Ladbrokes owner Entain reported a strong 2021 performance, with group net gaming revenue up seven per cent.
Ladbrokes and Coral owner warns stricter gambling rules may encourage ‘black market’ January 9, 2022 Too tough rules on the betting and gambling sector may push individuals towards underground operators, according to the boss behind Coral and Ladbrokes. In an interview with the Sunday Times, Entain CEO Jette Nygaard-Anderson said she feared future regulations could see gamblers encouraged to seek out a “black market” of unlicensed websites. Ministers should strike [...]
Ladbrokes pocketed £102m in furlough cash despite record online sales January 7, 2022 Ladbrokes received £102m from the furlough scheme, despite an online boom which overshadowed store closure losses.
This is not just results: London markets boosted by M&S profit hike November 10, 2021 UK retail institution Marks and Spencer boosted London markets during the opening session today as investors poured into the stock after it hiked its profit outlook. The capital’s mid-cap FTSE 250 index, which M&S is listed on, advanced 0.34 per cent to 23,445.61 points. The premier FTSE 100 index was up 0.33 per cent to [...]
Share price special: LSE’s best-performing stocks in the last decade, with jumps of 1,000 per cent+ – CityAM : CityAM October 28, 2021 Ocado, Jet2 and JD Sports are among the big-name companies which have seen their share prices jump over 1,000 per cent in the past 10 years. In total, 41 stocks across the London Stock Exchange’s Main Market and AIM have seen their share prices climb by over 1,000 per cent between September 2011 and September [...]
Ladbrokes owner Entain’s shares tumble as Draftkings drops $22bn offer October 26, 2021 Draftkings has said it will not be making a final bid to purchase Entain causing the ladbrokes owner’s share price to shed 7 per cent. Draftkings had offered 2,800 pence a share in cash and stock for Entain back in September, a $22.4bn offer which represented a 43 per cent premium over the company’s stock [...]
Deadline for DraftKings and Entain takeover deal extended October 20, 2021 Gambling giant DraftKings has secured another month to agree a deal with rival Entain after the pair failed to nail down a £16.4bn takeover. Ladbrokes owner Entain was given the green light from the Takeover Panel on a request to extend a deadline on agreeing a restructuring model. The deadline has been extended to November [...]