Exane names Flutter as top pick in gaming sector
23rd Oct 2023 08:54
(Sharecast News) - Exane BNP Paribas has named Flutter Entertainment as its top pick in the gaming sector ahead of third-quarter earnings season after a recent rough patch for the industry.
Read moreEntain and 888 worth a buy after recent falls, says JP Morgan
12th Oct 2023 10:13
(Sharecast News) - JP Morgan has reiterated its 'overweight' ratings on UK-listed gambling stocks Entain and 888, saying that gaming remains its preferred sub-sector within the leisure industry right now.
Read moreLondon close: Stocks mixed as interest rate concerns simmer
28th Sep 2023 16:12
(Sharecast News) - London stocks finished with a varied performance on Thursday as investors pored over the latest US jobless claims data, with underlying anxieties regarding interest rates still bubbling away.
Read moreCiti slashes Entain targets but still sees upside
27th Sep 2023 09:55
(Sharecast News) - Citigroup has slashed its target price for Entain by nearly a third after the gambling company's disappointing third-quarter update this week, but remained broadly positive on the stock.
Read moreEntain valuation still attractive despite Q3 disappointment
25th Sep 2023 08:19
(Sharecast News) - Shore Capital has maintained its 'buy' recommendation for Entain despite the gambling company disappointed the market with a weak third-quarter update, saying the shares still look good value.
Read moreEntain sees softer online net gaming revenue in Q3
25th Sep 2023 07:15
(Sharecast News) - Shares in Ladbrokes owner Entain slumped on Monday as it said third-quarter net gaming revenue (NGR) would be down by by high single-digit percent, driven by adverse sporting results during September, tighter gambling regulation and weaker growth in Australia and Italy.
Read moreLondon close: Stocks stay green as energy prices rise
14th Sep 2023 15:06
(Sharecast News) - London's stock markets finished positively on Thursday, boosted by the mining sector, as investors analysed fresh UK house price data and a rate hike from the European Central Bank.
Read moreBroker tips: Rio Tinto, Anglo American, Entain, IG
14th Sep 2023 14:54
(Sharecast News) - JP Morgan upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.
Read moreEntain shares still good value despite "anaemic" first half, says HSBC
14th Sep 2023 10:41
(Sharecast News) - HSBC has slashed its target price for Entain after an "anaemic" first half from the gambling company, but believes that the stock still offers good value, keeping its 'buy' rating.
Read moreJefferies cuts Entain PT but maintains 'buy' rating
4th Sep 2023 14:46
(Sharecast News) - Jefferies cut its price target on Ladbrokes and Coral owner Entain on Monday but struck an upbeat note on the outlook for the company.
Read moreSunday newspaper round-up: White Hydrogen, Bank of England, AI
13th Aug 2023 14:06
(Sharecast News) - America's Geological survey estimates that if even a small fraction of naturally occurring - and clean or so-called 'white' - hydrogen beneath the earth's surface were recovered, that would last for hundreds of years. Among the backers of the hydrogen industry is Bill Gates, who ploughed $90m into Koloma, a company hunting for natural hydrogen along the US's Midcontinental Rift System. White hydrogen has also been discovered in Europe, in France's Lorraine region. Nonetheless, the true potential of the stuff will hinge on the findings from those early projects, says Philip Ball, research fellow at Keele University. - Guardian
Read moreU.S. drives strong 1H topline growth at Entain, expects to settle with HMRC
10th Aug 2023 07:57
(Sharecast News) - Entain reported a big jump in the company's top line for the half driven by strong growth in the U.S..
Read moreEntain buys Angstrom Sports for $81m
17th Jul 2023 07:02
(Sharecast News) - Gambling firm Entain said it had bought Angstrom Sports for £81m plus contingent payments up to a maximum of £122m.
Read moreEntain raises £600m in placing to help fund acquisition of Polish betting firm
14th Jun 2023 07:50
(Sharecast News) - Entain tumbled on Wednesday after it raised around £600m in a discounted placing and retail offer, part of which will be used to help fund the acquisition of Polish sports betting operator STS Holdings, and the remainder to fund near-term acquisitions.
Read moreEntain facing 'substantial' fine as it enters talks with CPS
31st May 2023 07:02
(Sharecast News) - Ladbrokes owner Entain is seeking a deferred prosecution agreement over alleged bribery at its former Turkish business, the gambling giant said on Wednesday.
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