Entain Plans Expansion into Central and Eastern Europe
According to some industry insiders, London-listed company Entain, which owns brands such as BetMGM and Ladbrokes, is considering expanding its presence in Central and Eastern Europe.
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According to some industry insiders, London-listed company Entain, which owns brands such as BetMGM and Ladbrokes, is considering expanding its presence in Central and Eastern Europe.
Entain is reportedly assessing strategic options for its Central and Eastern Europe joint venture, including a possible sale.
Entain plc has appointed Sheila Bangalore as an independent non-executive director with immediate effect.
Entain has urged the Independent Football Regulator to prevent English football clubs from accepting sponsorship and advertising income from gambling operators that are not licensed in the UK.
Entain’s Australian brands Ladbrokes AU and Neds AU are in hot water after an Australian Communications and Media Authority (ACMA) investigation found more than 500 breaches of national self-exclusion rules.
Entain has confirmed the departure of Eminence Capital Founder Ricky Sandler as a Non-Executive Director of the company.
Entain experiences a setback as Eminence Capital, holding 6.5% of shares, announces closure after 27 years. Entain's stock on the LSE fell by 7.04% to 557.4p following the news.