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The Latest Breaking News from Entain

FTSE 100 climbs as earnings cascade brings cheer

Shares of Games Workshop, AstraZeneca, Barclays and Entain moved higher.

Evening Standard

Stocks up on hopes of thaw to Middle East tension

The FTSE 100 index closed up 24.59 points, 0.3%, at 8,875.22, just shy of its record closing peak of 8,884.92 posted last Thursday.

Evening Standard

Entain shares surge on earnings upgrade for US joint venture

FTSE 100 listed Entain said it now expects BetMGM to deliver full-year underlying earnings of at least 100 million US dollars (£73.8 million).

Evening Standard

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Ladbrokes ads banned over use of ‘Ladbucks’ likely to appeal to under-18s

The Advertising Standards Authority said the firm’s “Ladbucks” were “similar to features in video games popular with children”.

Evening Standard

Ladbrokes owner appoints interim chief Stella David as permanent boss

Ms David replaced previous boss Gavin Isaacs in February, and is Entain’s fourth chief executive in five years.

Evening Standard

Ladbrokes owner Entain strengthens earnings as it bets on online growth

The business, which is one of the world’s largest sports betting and gaming groups, has been steering a turnaround of its financial performance.

The Independent UK

Betting giants up against player-friendly sports results after NFL wins

Entain will publish its full-year financial results on Thursday, while Flutter Entertainment will also share its earnings on Tuesday.

The Independent UK

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Third executive quits gambling giant as company battles ongoing money laundering case

Exclusive: Lachlan Fitt, who served as chief financial officer of Entain Australia since 2018, resigns from company that runs Ladbrokes and Neds brands

The Guardian - AU

FTSE 100 nudges up despite Trump steel tariffs

The blue-chip index has hit a succession of record highs in recent weeks.

Evening Standard

CEO of Ladbrokes owner Entain steps down after five months in role

Company will be run on an interim basis by the chair, Stella David, after exit of Gavin Isaacs

The Guardian - UK

Boss of Ladbrokes owner Entain steps down after five-month tenure

The owner of betting shops Coral and Ladbrokes said that by ‘mutual agreement’ Gavin Isaacs was stepping down with ‘immediate effect’.

Evening Standard

Ladbrokes gambling ads shown to parents on app used as a baby monitor

Campaigners urge crackdown after user says they were shocked to see offers of free bets

The Guardian - UK

KPMG under investigation over audit of gambling company Entain

FRC confirms inquiry into accounting firm’s 2022 audit of Ladbrokes, Coral and Sportingbet owner

The Guardian - UK

KPMG being probed by accounting watchdog over Entain audit

The Financial Reporting Council said it had launched an investigation into KPMG’s work on Entain’s 2022 accounts.

Evening Standard

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Evening Standard

Entain shrugs off run of punter-friendly US sports results

The company, which owns betting shops Coral and Ladbrokes, saw its share price jump by as much as 9% when markets opened on Monday morning.

The Guardian - AU

University of Sydney has invested in world’s biggest poker machine maker and global betting giant

Experts say ‘disappointing’ relationships with gambling industry, including funding for research, should be scrutinised

The Guardian - AU

What is DAZN, the global streaming service behind the sale of Australian pay-TV giant Foxtel?

British platform is backed by billionaire Len Blavatnik and run by Shay Segev, former chef executive of gambling giant Entain

The Guardian - AU

Morning Mail: NSW’s ‘abortion deserts’, more poll woe for Albanese, and a possible Kamala comeback

Only three public hospitals in the state are routinely providing abortions, a new study shows; PM’s disapproval rating at 50%

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The Guardian - AU

Ladbrokes owner took $152m from customers with ‘suspected criminal associations’, court documents claim

Gambling giant, which runs Ladbrokes and Neds, was aware patrons may have been laundering money, according to federal court documents

The Independent UK

Entain sued by Australian regulator over money laundering allegations

Australia’s financial crime regulator said Entain’s activities in the country left it at ‘serious risk of criminal exploitation’.

Evening Standard

FTSE 100 drops to two-month low as bond yields rise after Budget

The FTSE 100 finished 59.98 points, or 0.73%, lower to end the day at 8,159.63.

The Guardian - UK

Shares in UK gambling firms fall £2bn amid talk of higher taxes in budget

Thinktank reports saying sector should be hit with extra £900m to £3bn in levies prompt market selloff

inkl

Entertain Reports UK&I H2 Growth That Exceeds Expectations

After a challenging start to the year, Entain has made an impressive comeback in its UK and Ireland business, with both gaming and sports betting showing a strong rebound.

The Guardian - UK

Investors could claim £100m payout from Ladbrokes and Coral owner Entain

Legal firm says group failed to update shareholders on problems with bribery and corruption at its former Turkish operation

Evening Standard

Who will be the new Entain CEO? Here are the latest odds

It’s the third week of March, a perfect time to place a couple of bets. Cheltenham? Yeah Spy’s managed to lose a few bob there.

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