Entain forecasts £25m annual cost from UK gambling tax rise
The company anticipates mitigating this financial impact by end of 2028 through optimization and market share gains.
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Global sports betting and gaming group
entaingroup.comLast updated
In short: Entain posted strong H1 results and CEE exit, but trimmed outlook on Brazil ban and UK taxes.
The company anticipates mitigating this financial impact by end of 2028 through optimization and market share gains.
Q3 Online NGR rose 3%, driven by gaming growth. Divestment of Entain CEE stake proceeds.
Net revenue rose 7% to $710 million. Adjusted EBITDA surged 112%. Entain reiterates FY guidance with confidence in long-term profitability and cash flow generation.
Revenue rose 17% to €64.3 million, while clean EBITDA fell to €10.0 million. The presentation outlines B2B growth, dividend plans, and the 2012 outlook.
Ladbrokes owner Entain said on Wednesday it expected an additional £25 million ($33.21 million) cost...
Entain plc is a global sports betting and gaming company operating both online and in the retail sector. Its segments include UK&I, which comprises betting...
Net gaming revenue rose 2% in the three months ended September 30, 2026, while online revenue increased 3%. The UK and Ireland delivered stronger results...
Entain Plc (ENT.L), a sports betting and gaming company, Thursday reported a 2% year-over-year increase in group net gaming revenue (NGR) on a constant currency...
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