Entain reprices two term loans, revises interest cost outlook
29th Apr 2024 08:15
(Sharecast News) - Betting and gambling giant Entain announced the successful repricing of two of its existing 'Term Loan B' loans on Monday, along with the pricing and allocation of fungible add-ons, in a bid to optimise its financial position.
Read moreEntain sees 'strong' performance in many markets during Q1
17th Apr 2024 07:15
(Sharecast News) - Entain reported an in line performance for its first quarter.
Read moreLondon close: Stocks rise at start of busy week
8th Apr 2024 16:52
(Sharecast News) - London markets closed with gains on Monday as investors exercised caution ahead of key events later in the week.
Read moreApollo weighs up takeover bid for Entain
8th Apr 2024 07:49
(Sharecast News) - Private equity firm Apollo was said to be keeping a keen eye on the impending departure of Entain chairman Barry Gibson, a man who blocked two previous takeover attempts.
Read moreLondon close: Stocks manage gains ahead of US payrolls report
4th Apr 2024 15:58
(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.
Read moreEntain chair steps down while CEO search continues
4th Apr 2024 07:16
(Sharecast News) - Entain, the sports betting and gambling group currently without a permanent chief executive, has announced that chair Barry Gibson will also step down later this year following a four-year tenure.
Read moreLondon close: Stocks fall as US inflation tops forecasts
14th Mar 2024 16:33
(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.
Read moreJPMorgan upgrades Flutter Entertainment to 'overweight'
13th Mar 2024 09:34
(Sharecast News) - JPMorgan Cazenove lifted its stance on Flutter Entertainment on Wednesday to 'overweight' from 'neutral' and hiked the price target to 21,300p from 16,300p.
Read moreLondon close: Stocks rise as UK wage growth moderates
12th Mar 2024 16:17
(Sharecast News) - London markets closed with gains on Tuesday, buoyed by hopes for interest rate cuts following a modest increase in UK wage growth.
Read moreEntain hires bankers to prepare for sale of PartyPoker - report
12th Mar 2024 12:40
(Sharecast News) - Ladbrokes owner Entain has reportedly hired bankers to prepare for a sale of PartyPoker as it seeks to fend off activist investors by reinvigorating its core operations.
Read moreLondon close: Stocks finish firmer as US jobless claims rise
7th Mar 2024 15:29
(Sharecast News) - London markets closed with modest gains on Thursday, after higher-than-expected jobless claims figures from the US, and a flurry of corporate news in the UK.
Read moreFriday preview: US non-farm payrolls, Entain in the spotlight
7th Mar 2024 14:52
(Sharecast News) - All eyes at the end of the week will be on the one report that could easily upend many market forecasts should it deviate from the consensus - the monthly non-farm payrolls report.
Read moreEntain warns of regulatory hit to profits in 2024
7th Mar 2024 07:40
(Sharecast News) - Full-year results from sports betting and gaming group Entain were in line with expectations, with underlying earnings hitting the £1bn mark and record-high online customers, though it warned of the significant impact from regulatory changes which will dampen profits in 2024.
Read moreEntain jumps as US JV BetMGM signs exclusive partnership with X
9th Feb 2024 15:17
(Sharecast News) - Entain shot higher on Friday afternoon after its US joint venture with MGM Resorts, BetMGM, struck a partnership with social media platform X to become its exclusive live odds sports betting partner.
Read moreLondon close: Stocks manage gains as oil prices rise
6th Feb 2024 17:39
(Sharecast News) - London's financial markets finished with a positive performance on Tuesday, driven by encouraging data from the UK construction sector and BP's share buyback expansion.
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