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GMVHF / Super Bowl's US$1bn of bets shows value of Entain's US joint venture

Super Bowl's US$1bn of bets shows value of Entain's US joint venture
A massive wave of over US$1bn of legal bets on yesterday's Super Bowl will put more focus on the value of Entain PLC (LSE:ENT)'s fast-growing US joint venture, BetMGM, according to analysts at Peel Hunt.   The FTSE 100 group, which as well as owning Ladbrokes, Coral and Party Poker, owns an equal share in BetMGM with MGM Resorts International (NSX:MGM). Read More
Posted: Feb 14 2022, 11:44
Author Name: Proactive Investors
Views: 111576

GMVHF News  

Can Flutter echo Entain's wins while avoiding the same setbacks?

By Proactive Investors
November 2, 2023

Can Flutter echo Entain's wins while avoiding the same setbacks?

When Flutter Entertainment PLC (LSE:FLTR), the betting company, reports a third-quarter update on Thursday, November 9 it will likely be hoping to ech more_horizontal

Ladbrokes owner Entain hit by customer-friendly sports results

By Proactive Investors
November 2, 2023

Ladbrokes owner Entain hit by customer-friendly sports results

Entain PLC (LSE:ENT), the FTSE 100-listed betting company and owner of Ladbrokes, Sportingbet and Foxy Bingo, is pinning its hopes on a return to grow more_horizontal

Has Entain lowered the bar enough for third-quarter update?

By Proactive Investors
October 27, 2023

Has Entain lowered the bar enough for third-quarter update?

Entain PLC (LSE:ENT) shares are down by a third this year, with the owner of Ladbrokes, Sportingbet and Foxy Bingo warning last month that online gam more_horizontal

Entain and Flutter may have fared the worst, says analyst

By Proactive Investors
October 23, 2023

Entain and Flutter may have fared the worst, says analyst

Entain, the owner of Ladbrokes and Coral, as well as other gambling companies have experienced steep share price falls in the last few months, but ana more_horizontal

Ladbrokes owner Entain revised down following tepid trading update

By Proactive Investors
October 2, 2023

Ladbrokes owner Entain revised down following tepid trading update

Analysts at UBS have readjusted their guidance on Ladbrokes and Coral owner Entain PLC (LSE:ENT) following last week's tepid trading update. In that u more_horizontal

Entain's three-year low is 'attractive time' for MGM to renew bid - analysts

By Proactive Investors
September 26, 2023

Entain's three-year low is 'attractive time' for MGM to renew bid - analysts

After Entain PLC's (LSE:ENT) profit warning sent its shares tumbling it "looks an attractive time" for US partner MGM Resorts (NYSE:MGM) to make a more_horizontal

Entain plummets as analysts caution over weaker sales

By Proactive Investors
September 25, 2023

Entain plummets as analysts caution over weaker sales

Entain PLC (LSE:ENT), the owner of Ladbrokes and Coral, sunk 9% lower on Monday after surprising investors with a warning that full-year revenues had more_horizontal

Entain sees softer online net gaming revenue since summer

By Proactive Investors
September 25, 2023

Entain sees softer online net gaming revenue since summer

Entain PLC (LSE:ENT) warned online gaming revenue had been softer than expected hit by adverse sporting results during September, and ongoing regula more_horizontal


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