Entain

Entain Criticises UK Budget After Sharp Rise in Gambling Taxes
Entain Flags Consequences of Higher Taxes
Entain responded to the Budget by stressing that the new tax framework places additional pressure on licensed operators at a...

Entain Restructures Operations in Australasia
Cost Measures In Australia And New Zealand
Entain plans to reduce its workforce in Australia and New Zealand by around 10%. The move could affect about...

Apparat Gaming Expands Presence With bwin
Agreement Increases Apparat’s Reach
Apparat Gaming has integrated 43 slot games into bwin’s offering, reinforcing its position among Germany’s regulated operators. Bwin, part...

Refinancing Structure and Financial Impact
The company plans to issue fixed-rate senior secured notes, due in 2031, with the same security rights as its existing Term...

Entain’s Uncertain Path to Recovery Leads to Barclays Downgrade
This decision stems from the recognition that Entain's path to recovery is fraught with complexities and uncertainties. For Entain's stock to rally, it is imperative for its online segment...

Entain Seeks Compensation from BetCity Over Undisclosed Regulatory Probes
The acquisition, completed in January 2023 for €450 million, marked Entain's entry into the Dutch market, with BetCity being among the first ten licensees.
Undisclosed Investigations Lead to Legal Claim
Over...

What’s Next for Entain? Sale Rumors Amidst CEO Search
Entain at a Turning Point
Let's recall that the first signs of upcoming changes at Entain surfaced in December of the previous year, when shareholders spoke almost in unison through...

Entain Welcomes Ricky Sandler as New Non-Executive Director
Sandler, the Founder, CEO, and CIO of Eminence Capital LP, will be joining Entain's People & Governance and Capital Allocation committees, bringing a wealth of experience to the table.
Sandler's...

Nicholas Batram Leaves Entain to Embark on Freelance Consulting Venture
Batram is set to embark on a new journey as a freelance consultant specializing in M&A, financial communications, strategy, and corporate finance.
Batram’s LinkedIn Announcement
In a statement on LinkedIn, Batram...

Entain Announces Strategic Board Appointments Amid Leadership Transition
Following the recent interim CEO appointment of Stella David, the company is reinforcing its leadership team with experienced industry professionals. These appointments come at a critical time, as Entain...

Entain Nears Deal with Activist Investor Ricky Sandler
The FTSE 100 bookmaker is reportedly close to finalizing an agreement with Wall Street critic Ricky Sandler, founder of Eminence Capital, to join its board. This move comes at...

Entain Initiates Search for New CEO as Jette Nygaard-Andersen Resigns
This leadership shift occurs in the wake of the resolution of a significant HMRC investigation into the company's legacy operations.
Nygaard-Andersen's Tenure and Departure
During her tenure, Nygaard-Andersen steered Entain through...