Entain trading ahead of expectations in second half

9th Sep 2024 07:25

(Sharecast News) - Sports betting and gambling giant Entain reported better-than-expected second-half results in an update on Monday, with online net gaming revenue (NGR) showing stronger growth than forecast.

Read more

Berenberg lowers target price on Entain

6th Sep 2024 09:57

(Sharecast News) - Analysts at Berenberg lowered their target price on bookmaker Entain from 1,140.0p to 1,020.0p on Friday, stating that the group was not yet "out of the woods".

Read more

London close: Stocks slip on relatively quiet Friday

16th Aug 2024 17:46

(Sharecast News) - London's stock markets closed lower on Friday, weighed down by a stronger pound and mixed investor sentiment following the release of the latest UK retail sales figures.

Read more

London close: Stocks rise as investors digest inflation data

14th Aug 2024 15:02

(Sharecast News) - London stocks ended Wednesday's session in positive territory, as investors reviewed the latest inflation figures from the UK and the US.

Read more

London close: Stocks end turbulent week on positive note

9th Aug 2024 16:01

(Sharecast News) - London's stock markets ended the week on a high note, after stronger-than-expected US jobless claims data on Thursday alleviated concerns about the health of the American economy.

Read more

London close: Stocks claw back losses but still finish lower

8th Aug 2024 14:57

(Sharecast News) - London markets ended Thursday on a weaker note despite recovering some earlier losses, as concerns over a potential US recession weighed on investor sentiment.

Read more

Entain upgrades full-year guidance after strong Q2

8th Aug 2024 07:55

(Sharecast News) - Sports betting and gaming group Entain has lifted its full-year guidance after a stronger-than-expected second quarter along with the revised timing of regulatory implementation in Brazil and the Netherlands, causing shares to surge on Thursday.

Read more

London close: Stocks finish higher amid global recovery

7th Aug 2024 16:34

(Sharecast News) - London's stock markets closed higher on Wednesday, buoyed by positive global sentiment following remarks from the Bank of Japan.

Read more

London close: Stocks finish mixed at start of busy week

29th Jul 2024 15:35

(Sharecast News) - London stocks closed with mixed results on Monday, reflecting a cautious market sentiment ahead of a busy week of earnings reports and crucial policy announcements from major central banks on both sides of the Atlantic.

Read more

Entain's BetMGM hits $1bn in H1 sales but investments hold back profits

29th Jul 2024 07:31

(Sharecast News) - Entain's BetMGM, the gambling company's sports betting and iGaming operator in the US, surpassed the $1bn mark for revenues in the first half, but still made a loss as a result of heavy investments during the period.

Read more

London close: Stocks rise on China rate cut, Biden withdrawal

22nd Jul 2024 15:21

(Sharecast News) - London's stock markets ended Monday on a positive note, buoyed by a surprise interest-rate cut from China and significant political news from the United States.

Read more

Entain appoints Gavin Isaacs as its new chief executive

22nd Jul 2024 07:17

(Sharecast News) - Gambling giant Entain announced the appointment of Gavin Isaacs as its new chief executive officer on Monday, effective from 2 September.

Read more

Director dealings: Entain chairman raises stake

5th Jun 2024 15:19

(Sharecast News) - Entain revealed on Wednesday that chairman Barry Gibson had acquired 5,066 ordinary shares in the FTSE 100-listed sports betting group.

Read more

Entain to offload Crystalbet after strategic review

21st May 2024 10:37

(Sharecast News) - Gambling giant Entain announced the end of a strategic review by its capital allocation committee (CapCo) on Tuesday, which assessed its portfolio to optimise shareholder value and leverage operational progress, confirming that it would now look to offload its Georgian brand Crystalbet.

Read more

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 more