Entain reports Q3 revenue growth as Brazil falls 36%
Brazil’s decline reduced reported group growth, while Entain warns further UK gambling-tax increases could threaten shops and jobs.
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Brazil’s decline reduced reported group growth, while Entain warns further UK gambling-tax increases could threaten shops and jobs.
The request concerns tax rates affecting betting shops and other businesses with category B machines.
The figures show operators how sports betting outcomes affected Entain’s Italian revenue despite higher gaming volumes.
BetMGM's iGaming revenue exceeded its online sports betting revenue, giving investors a comparison of the operator's two businesses.
Virtual overlays let Conmebol replace betting brands with institutional messages or other sponsors for Brazilian viewers.
BetMGM’s revenue and adjusted EBITDA increased as the operator maintained expectations for the lower end of annual guidance.
Eleven selected operators can apply for New Zealand’s 15 available online casino licences following the auction.
Betway, Stake, Entain and SkyCity can apply for online casino licences after advancing through New Zealand’s first competitive stage.
Operators holding application rights must still complete regulatory assessment before they can receive a licence to operate in New Zealand.
Eleven brands can apply for 15 New Zealand online gambling licences, with Betway holding the most application rights.
SkyCity, Entain and Stake can advance to online casino licence applications in New Zealand.
Haijer's appointment gives operators and regulators a named contact for WGBA's planned engagement on gambling policy.
Flutter expects its scale to support market share gains, while the tax increase adds £500m in expected costs from next year.
Entain’s additional licence conditions require board oversight of improvements and an independent compliance audit within 12 months.
Entain’s BlackRush launch enters a newly regulated market its chief executive estimates could generate up to £600m annually.
Better Collective’s suspension of 2027 guidance leaves investors without its financial outlook amid uncertainty over operations in Brazil.
GLI’s board gains advice from Gavin Isaacs, a former chief executive of Scientific Games and Entain.
Licensed operators face site blocking and requirements to return customer funds while Congress considers the provisional measure.
The proposed 40% rate could expose betting shop operators to closures and job losses, according to the modelling cited by the BGC.
Entain warned that an advertising battle in New Zealand’s regulated online gaming market could provoke a regulatory response.
The case involves an unlicensed casino using a recognised retailer’s identity to attract British customers through Facebook advertising.
Offshore betting partners face Entain's calls for clubs to reconsider sponsorships over UK licensing, player protection and money laundering concerns.
The appeal puts clubs’ sponsorship agreements with operators lacking UK licences under scrutiny as the government consults on their legality.
Entain faces additional tax pressure while seeking to gain share from competitors.
The results show higher first-half net gaming revenue for Entain.
The update records revenue growth while identifying tax pressure on the business.
The company reported revenue growth in markets facing higher gambling taxes.
Revenue growth did not prevent lower EBITDA amid the UK duty burden.
Entain reported revenue growth in its UK and Ireland online business despite tax pressure.
Entain’s first-half revenue growth exceeded the company’s expectations.
The update gives investors a second-quarter revenue figure for BetMGM.
The update shows modest revenue growth falling short of market expectations.
The revised expectation delays BetMGM’s targeted earnings milestone.
The approvals enable Entain to introduce its licensed betting and casino brands in Alberta.
The launches expand Entain’s presence in Alberta’s regulated online market.
The departure leaves Entain recruiting leadership for its UK brand marketing.
Entain must replace its departing marketing chief.
The plan would reduce Entain’s workforce by about 500 positions.
The planned cuts reduce staffing across operational and technology functions.
The tax increase leads Entain to reduce staffing while seeking stricter sponsorship eligibility.
Entain’s call seeks faster implementation of the proposed sponsorship restrictions.
The request seeks sponsorship restrictions before completion of the government consultation.
The industry body supports the proposed restrictions while seeking faster government action.
Entain wants sports bodies to stop unlicensed sponsorship voluntarily rather than await legislation.
The consultation considers restrictions on sports sponsorship by illegal gambling businesses.
Entain has raised concerns about illegal betting with football and intellectual property authorities.
Entain’s request brings trademark protection into its campaign against unlicensed UK gambling.
The warning directs operators’ attention to anti-money laundering controls and their reliance on AI.
Entain · LSE: ENT. Share price end-of-day, delayed; not investment advice.
| Financial year | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Revenue | GBP 4.30bn | GBP 4.77bn | GBP 5.09bn | GBP 5.26bn |
| EBITDA | GBP 546.9m | −GBP 44.7m | GBP 554.7m | GBP 318.7m |
| Operating income | GBP 610.9m | GBP 412.5m | GBP 433.4m | GBP 495.7m |
| Net income | GBP 24.2m | −GBP 928.6m | −GBP 452.7m | −GBP 666.7m |
| Diluted EPS | 0.04 | -1.51 | -0.71 | -1.04 |
| Cash & equivalents | GBP 606.4m | GBP 246.0m | GBP 390.6m | GBP 350.3m |
Figures as reported in each company’s currency; Q4 values for US filers may be derived as full year minus nine months. EBITDA is a company-defined or data-provider measure where shown.
End-of-day, delayed; not investment advice. Data and methodology · All gaming stocks
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