FTSE Russell lists Entain for possible FTSE 100 deletion
FTSE Russell's indicative review lists Entain among possible FTSE 100 deletions and FTSE 250 additions, based on data from 21 August. The changes remain unconfirmed; the index provider plans to announce the rebalance after the market close on 2 September. Entain attributed a 2% fall in first-half underlying EBITDA to the UK remote gaming duty increase.
A possible index move and higher UK duty could affect investor assessments of Entain.