lonent
Entain PLC (LON:ENT) saw its full-year Net Gaming Revenue (NGR) rise 10% to £4.3bn, ignoring the effect of exchange rates and excluding the BetMGM joint venture in the US. That reflected a 66% rise in Retail and a 2% decline in Online as comparative periods lapped Covid lockdowns. BetMGM reported NGR of $1.44bn, an increase of 71%, and is on track to be cash positive in the second half of 2023. Including Entain’s 50% stake in this joint venture, Entain’s NGR grew 15%. Q4 2022 hedge fund letters, conferences and more The number of active online customers rose to record levels, up 7% on last yea...
ValueWalk
Look ahead to FTSE 350, other companies reporting & economic events from 4 to 8 April We’ll see what rising inflation means for demand at Moonpig Group PLC (LON:MOON)Entain PLC (LON:ENT) should shed light on how much online demand is shifting back to in storeImperial Brands PLC (LON:IMB) hopes to find success with next generation product trialsQ4 2021 hedge fund letters, conferences and more Moonpig Group, Trading Statement, Tuesday 5 AprilSophie Lund-Yates, Equity Analyst “Since listing its shares for the first time at the start of February 2021, Moonpig’s shares have fallen over 47%. That’s ...
ValueWalk
Sports betting and gaming company Entain PLC (LON:ENT) is set to invest $133 million in an innovation lab to develop immersive gaming in the metaverse. The initiative, known as Ennovate, will include partners the likes of Verizon Communications Inc (NYSE:VZ), BT Group (LON:BT.A), and Theta Labs. Q4 2021 hedge fund letters, conferences and more Metaverse AmbitionsAs reported by CNBC, gaming company Entain is launching Ennovate, a project conceived to develop immersive gambling and entertainment in the metaverse. The initiative comprises the funding of several start-ups and the development of ap...
ValueWalk
US-based betting firm Draftkings Inc (NASDAQ:DKNG) has announced it will not be making an offer to acquire Entain PLC (LON:ENT). Q3 2021 hedge fund letters, conferences and more Entain management confirmed the two were ending discussions and said it would remain committed to the growth and sustainability strategy as laid out this summer. The shares fell 6.7% following the announcement DraftKings Will Not Be Acquiring EntainLaura Hoy, Equity Analyst at Hargreaves Lansdown: “DraftKings closed the door on a possible Entain acquisition, which disappointed the market. Shares fell as investors diges...
ValueWalk
Entain PLC (LON:ENT)’s net gaming revenue (NGR) rose 11% at constant currency to £1.8bn, as strong growth in online gaming offset weakness in retail, due to Covid-related shop closures. [soros] Q2 2021 hedge fund letters, conferences and more Underlying profits fell 12% to £205.6m, as a good result in the core business was offset by a £78.2m loss related to Entain’s stake in BetMGM. Underlying cash profits rose 12% to £401.5m, with guidance for the full year unchanged at between £850m and £900m. The board did not propose an interim dividend, but expects to be in a position to start paying divi...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら