Entain reported first-half 2025 net gaming revenue of nearly £2.63bn, up 3% year on year excluding the US. The page provides no further details in its accessible text.
The reported first-half net gaming revenue offers investors a measure of Entain’s performance excluding the US.
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Entain’s Spanish operation recorded 28% growth in online net gaming revenue at constant currency in the first half of 2026, according to the company. Growth at reported exchange rates was 33% year on year, which the company linked mainly to higher betting volumes and user engagement during the FIFA World Cup.
Entain released its first-half results, with online growth in key markets and improved UK retail results, the company said. A discussion of the results said the group’s tax burden continues to rise, but gave no figures for the tax increase.
Entain reported first-half net gaming revenue of £2.55 billion, up 7% for the six months to the end of June, as underlying EBITDA fell 2% to £479.3 million. The company said World Cup engagement helped offset higher UK gambling taxes, and it reiterated full-year guidance for online revenue growth of 5% to 7%.
BetMGM no longer expects to reach its $500m annual EBITDA target next year. The MGM Resorts and Entain joint venture reported mixed results.
Entain reported a 3% year-on-year rise in net gaming revenue for the three months to 31 March 2026, with online revenue up 5% and retail revenue down 3%. The company said it sees scope to gain further UK market share and plans to maintain investment despite higher gambling duties.