Entain PLC — News

Entain PLC (LSE:ENT) continues to offer an awful lot of upside, about 66%, according to analysts at Deutsche Bank, who have repeated a Buy rating despite weakness in the BetMGM business, which was supposed to be a growth driver. BetMGM's second-quarter earnings fell short of expectations, reporting quarterly revenue of $711 million, up 3% year on year but slowing from 6% growth in the first quarter.

proactiveinvestors.co.uk - 2026-07-29 09:57:41

Entain Plc (GMVHY) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-07-28 13:43:20

BetMGM said second-quarter revenue rose 3% year over year to $711 million as growth in iGaming offset pressure in sports betting and retail operations. The company, jointly owned by MGM Resorts International and Entain LON: ENT, reported adjusted EBITDA of $74 million for the quarter and $99 million for the first half of 2026.

marketbeat.com - 2026-07-28 11:05:28

Shares in Ladbrokes and Coral owner Entain PLC (LSE:ENT) and Grosvenor casino owner Rank Group PLC (LSE:RNK) fell after a report that slot machine shops and casinos could face a £460 million tax rise under a future Labour government led by Andy Burnham. According to the Guardian, the Social Market Foundation has proposed doubling machine games duty from 20% to 40% on higher-stakes Category B machines, which allow £2 spins every 2.5 seconds.

proactiveinvestors.co.uk - 2026-06-30 05:22:57

Ladbrokes owner Entain PLC (LSE:ENT) has taken the first step towards exiting its Central European business, agreeing to offload a 20% stake for £366 million in a deal that analysts said highlights the discount at which the gambling group trades. The FTSE 100 group, which currently owns 62.5% of Entain CEE, is selling the stake to joint venture partner EMMA Capital, reducing its holding to 47.5%.

proactiveinvestors.co.uk - 2026-06-26 07:16:58

Ladbrokes owner Entain ​said on ‌Thursday it has agreed ​to ​the first step ⁠in a ​phased exit ​from its Central and Eastern ​Europe ​business, selling a 20% ‌stake ⁠to partner EMMA Capital for ​about €425 ​million ($481.82 ⁠million) to ​cut debt.

reuters.com - 2026-06-25 08:14:16

The FTSE 100 leisure sector is facing a quiet drain that rarely shows up in the headline numbers. London-listed giants such as Entain and Flutter Entertainment carry the full weight of UK compliance, yet a growing slice of British consumer spending is slipping toward operators that settle in Bitcoin and stablecoins and answer to no domestic regulator.

proactiveinvestors.co.uk - 2026-06-24 13:18:11

Ladbrokes-owner Entain has begun exploring options for its joint venture in Central and Eastern Europe, including a possible sale, three people familiar with the matter ​said.

reuters.com - 2026-06-18 14:35:02

Entain PLC (LSE:ENT) shares climbed 3.4% to 582p on Tuesday after Deutsche Bank flagged that a proposed acquisition of MGM Resorts by People Inc, the renamed IAC, could have positive read-across implications for the FTSE 100 gambling group. People Inc, chaired by media executive Barry Diller, has proposed a $48.30 per share cash offer for MGM Resorts International, the Las Vegas-based casino and hospitality giant.

proactiveinvestors.co.uk - 2026-06-02 03:59:56