All the updated news related to entain

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Betting giant Entain set for online slowdown after pandemic boom

The owner of Ladbrokes and Coral is expected to report a slowdown in online growth as the end of lockdown punctures the at-home gambling boom which has boosted profits in the last two years. Entain, the online and high street gambling firm, will ...

01 Apr 2022 at 16:55

City

Ladbrokes owner boosted by high street bookies amid online slowdown

Betting giant Entain has hailed a “strong start” to 2022 as rebounding sales from its high street bookies offset an online slowdown as pandemic restrictions relaxed. The Ladbrokes and Coral owner said net gaming revenue increased by 31% for the ...

07 Apr 2022 at 09:25

City

Ladbrokes owner to pay back some furlough cash as profits soar

The gambling giant behind Ladbrokes and Coral has said that it plans to repay about £44 million to the Government that it claimed to keep its staff on furlough last year. Entain said that the furlough scheme had helped it keep its 14,000 ...

03 Mar 2022 at 11:25

City

Entain sees betting shop gambling bounce-back, but reveals online sales fall

Ladbrokes and Coral owner Entain has seen trading in its betting shops rebound close to pre-pandemic levels, but revealed online gambling revenues fell for the first time in over five years. The group said online net gaming revenues ...

20 Jan 2022 at 11:25

City

Ladbrokes owner Entain sees cost crunch hit online gambling spend

Ladbrokes and Coral owner Entain warned that online gaming revenues are set to remain flat this year as it revealed gamblers are cutting their spending in the face of soaring cost pressures. The betting giant said online gaming ...

07 Jul 2022 at 10:03

City

Ladbrokes owner to post lower margins amid regulatory headwinds

The gambling giant behind Ladbrokes and Coral has said it expects profit margins to be lower this year in the face of regulatory headwinds. Entain, which also owns Bwin, saw shares slide on Thursday after it told shareholders ...

09 Mar 2023 at 13:00

City

Ladbrokes owner ‘could face big penalty’ as it reveals talks with prosecutors

A nearly four-year bribery investigation into the owner of Ladbrokes could end in a “substantial financial penalty”. Entain said it is in talks with the Crown Prosecution Service (CPS) and admitted misconduct “may have ...

31 May 2023 at 08:25

City

Entain chairman to step down as hunt for top boss continues

Ladbrokes and Coral owner Entain has revealed its chairman plans to step down by the end of September as the gambling giant also hunts for a permanent chief executive. The group said Barry Gibson would retire after ...

04 Apr 2024 at 09:36

City

Ladbrokes owner Entain narrows losses after Euro 2024 boost

Ladbrokes and Coral owner Entain has slashed its losses and upgraded its outlook, as the bookmaker benefited from football scores during the Euro 2024 tournament. The company, which is one of the world’s biggest ...

08 Aug 2024 at 07:59

City

Betting giant Entain posts growth amid strong Super Bowl betting

Gambling giant Entain has revealed a jump in revenues and “record” customer numbers as it was boosted by punters betting on the Super Bowl. Shares in the group, which owns Ladbrokes and Coral, moved higher on ...

18 Apr 2023 at 11:49

City

Boss of Coral and Ladbrokes owner Entain quits weeks after legal settlement

The boss of Coral and Ladbrokes owner Entain has stepped down just weeks after the group agreed a £615 million settlement to resolve a probe into alleged bribery at a former Turkish subsidiary. The gambling ...

13 Dec 2023 at 10:24

City

FTSE slips as banks lead fallers after NatWest boss resigns

The FTSE 100 took a step back on Wednesday as banking firms saw their shares dented by the fallout from the row over the closure of Nigel Farage’s Coutts account. NatWest Group was the index’s heaviest ...

27 Jul 2023 at 09:08

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