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Business Summary: Entain plc is a global sports betting and gaming company operating both online and in the retail sector. The Company’ segments include UK&I, which comprises betting, gaming and retail activities from online and mobile operations, and activities in the shop estates within Great Britain, Northern Ireland, Jersey, and Republic of Ireland; International, which comprises betting, gaming and retail activities in the shop estates in the rest of the world apart from UK&I and CEE, and CEE, which comprises betting, gaming and retail activities in Croatia and Poland for brands SuperSport and STS. It owns a portfolio of Sports brands, which include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands, which include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. It owns technology across all its core product verticals and in addition to its business-to-consumer (B2C) operations.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Entain PLC revenues increased 6% to L2.52B. Net loss before extraordinary items decreased 91% to L43.2M. Revenues reflect Rest of Europe segment increase of 10% to L755.2M, Rest of the world segment increase of 26% to L220.3M. Lower net loss reflects Corporate segment loss decrease of 79% to L157M. Dividend per share remained flat at L0.09.