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
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
Hamilton world title or Fury vs Joshua? The betting trends set to dominate 2025 January 4, 2025 Millions of Brits love a little betting flutter now and again, and sport is where the majority of our punts go. Government reports state that “the provisional 2024 to 2025 year-to-date [April to September] total for betting and gaming receipts is £1,78bn, which is £102m (6 per cent) higher than the same period during the [...]
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 [...]
New report warns DPAs should not be seen as ‘a cost of doing business’ November 21, 2024 The use of deferred prosecution agreements doesn’t stop corporate fraud, and may be actively encouraging it, says new paper by think tank, IEA
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 [...]