Motor finance: Insurance industry nervously watches legal battle March 31, 2025 As the lenders brace for the start of a high-profile legal battle on Tuesday, the insurance industry lurks in the sidelines
Boss of Mirror publisher quits to join Jockey Club March 31, 2025 The boss of news publisher Reach has left with immediate effect for a new role at the Jockey Club, the UK’s largest commercial horseracing organisation. Jim Mullen, who has been chief executive at the owner of the Daily Mirror, Daily Express and Daily Star since 2019, is leaving by “mutual agreement”, the firm’s board said [...]
IPL: The cricket sensation causing a betting bonanza March 23, 2025 Cricket’s biggest show returned this weekend with the 18th season of the Indian Premier League (IPL) getting underway in Kolkata. And while online betting is restricted in India – to such categories as the lottery and horse racing – there’s a growing international gambling market interested in the Twenty20 league. Ironically the Chennai Super Kings [...]
Entain: Ladbrokes owner’s profit jumps thanks to online revenue growth March 6, 2025 British bookmaker Entain has reported a 12 per cent jump in annual profit as it returned to organic growth. The expansion was driven by online expansion and a better-than-expected performance at its UK and Ireland businesses. The Ladbrokes owner told the market on Thursday that earnings before interest, tax, deprecation and amortisation (EBITDA) rose 12 [...]
Entain on a ‘losing streak’ as gambling giant battles legal problems February 26, 2025 Entain share price has fallen by over 20 per cent over the last year as the listed group's legal problems continue to cause a headache
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 UK increases partner pay after profit jumps January 29, 2025 KPMG UK recorded a double-digit growth in profit before tax over 2024, a better performance than 2023, however, its revenue only increased by one per cent