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Evening Standard
Evening Standard
Anna Wise

Entain shrugs off run of punter-friendly US sports results

Entain United States Coral Ladbrokes BetMGM
Entain’s US joint venture BetMGM has cautioned it expects to post a loss for the full year as it ramps up marketing spend. (Dee Cee Carter/Media Punch/Alamy Live News/PA) -

Shares in Entain have leapt higher after the betting giant said it expects to report full-year earnings at the top of its guidance range, shrugging off a US sports season which has favoured punters.

The company, which owns betting shops Coral and Ladbrokes, saw its share price jump by as much as 9% when markets opened on Monday morning.

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