Retail closures push revenue down 13% at Entain in Q1
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...
Source: igamingbusiness.com