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Investegate announcements from Entain PLC, Entain:Sustain ESG Showcase Event

Investegate announcements from Entain PLC, Q4 Trading Update

Retail closures push revenue down 13% at Entain in Q1 15th April 2021 | By Robert Fletcher Gambling giant Entain has reported a 13% year-on-year in decline in net gaming revenue for its first quarter, mainly due to the closure of almost its entire retail estate during the period as a result of novel coronavirus (Covid-19) restrictions. In a trading update, Entain said retail revenue was down 99% – covering its land-based operations in the UK, Italy, Belgium and the Republic of Ireland – while the number of sports wagers placed at these facilities also dropped 98%. Each of these markets ha...

Entain strengthens ID and financial checks with Synalogik 8th April 2021 | By Robert Fletcher Gambling giant Entain has linked up with intelligence and security specialist Synalogik to strengthen its identity, financial and credit checks. Entain will now use Synalogik’s Scout solution to enable automatic checking and risk-scoring of thousands of customers. Entain said this will significantly improve response times the end user. Its security processes would now take seconds rather than hours or days, the operator explained, while still ensuring full compliance with regulatory and data protec...

International expansion assists Entain with COVID-19 comeback Share March 26, 2021 Entain Plc has swung back into the black with the group’s expansion into regulated markets along with its pivot towards online betting offsetting the impact that COVID-19 has had retail operations. Publishing its full-year results for the period January – December 2020, Entain declared revenues of £3.56 billion, a ‘flat’ change from the £3.57 billion recorded in 2019. Underlying EBITDA rose 11% from £761.4 million to £843.1 million, which has largely been attributed to a growth in the operator grou...