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The Latest Breaking News from Entain

Ladbrokes owner Entain’s shares fall as its US joint venture partner MGM enters UK market with rival tech

MGM and Entain together run the BetMGM brand in the US

Evening Standard

Ladbrokes owner sets aside £585m to settle HMRC bribery inquiry

Entain says it is close to ‘drawing a line’ under scandal at Turkish-facing online betting firm it owned

The Guardian - UK

FTSE 100 Live: Wilko goes bust but no ‘immediate’ job losses, US inflation rises

The downward run for US inflation ended today, with the rate of price rises in July rising to 3.2%. But core inflation ticked slightly down to 4.7%, enough to reassure investors that the fed is done with rate hikes.

Evening Standard

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Ladbrokes and Coral owner Entain puts aside £585 million to settle HMRC bribery probe

The betting giant is in negotiations over a deferred prosecution agreement, and while it is not final, it says it expects to have to pay more than half a billion pounds

Evening Standard

Firm behind ‘voice of gamblers’ group co-owned by betting industry consultant

Gamblers Consumer Forum aims to derail planned betting reforms and claims to act on behalf of ordinary punters

The Guardian - UK

William Hill owner 888 takes apparent swipe at former CEO candidate Alexander as it picks new boss

888’s chair Lord Mendelsohn highlighted new boss Per Widerström’s “reputation on governance and compliance”, days after Alexander’s compliance record meant the firm stopped talks over him taking charge

Evening Standard

UK operating licence of William Hill owner 888 placed under review

Move by Gambling Commission leads company to break off talks with prospective leadership trio

The Guardian - UK

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William Hill owner 888 warns licence could be at stake as watchdog probes new investors

Kenny Alexander, who built the business now known as Entain before a shock exit, led a vehicle that bought a stake in 888 last month

Evening Standard

Gamblers hit back at TAB takeover

The Commerce Commission's consideration of the deal for the takeover of the TAB provides the first real forum for public consultation

Newsroom.co.nz

New TAB operator Entain breached Gambling Act, watchdog says

Entain subsidiary sent advertising materials days before TAB partnership was enacted.

Newsroom.co.nz

Ladbrokes owner Entain expects ‘substantial financial penalty’ after UK investigation

Authorities looked into possible bribery offences by one of gambling group’s former Turkish subsidiaries

The Guardian - UK

Owner of huge gambling chain may face 'substantial' penalty amid bribery probe

A NEARLY four-year bribery investigation into the owner of a betting chain could end in a “substantial financial penalty”.

The National (Scotland)

Ladbrokes owner funded ‘dishonest’ lobbying against gambling reforms

MP says campaign by Players’ Panel, funded by Entain, urging people to write to their MP was shameful

The Guardian - UK

How being seduced by gambling’s love bombing ended with a prison sentence

For years the gambling industry was the wild west; an unregulated frontier that profited from pain and addiction. Now the government has promised to clean up betting and gaming. But many are eager for more to be done, writes Sarah Ingram, particularly those who nearly lost everything to it

The Independent UK

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The Guardian - UK

Gambling firm allegedly paid blogs to link new mothers to its online games

Coral had deals with parenting bloggers to offer tips, including on how to relieve stress of caring for a baby, claims source

The Independent UK

‘It’s predatory’: How gambling took over Britain’s high streets and seduced our MPs

The Guardian - UK

Tory MP lobbied minister on behalf of casino over gambling laws

Philip Davies lobbied culture minister to include measure after being entertained at Mayfair casino

ABC News

Online LIV Golf bets trigger ACMA's first-ever fine for illegal in-play sports gambling

Ladbrokes and Neds blame a timing error after receiving the Australian Communications and Media Authority's first-ever fine for online in-play betting, over 78 bets during a LIV Golf event last year.

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The Guardian - AU

Sports gambling giants Ladbrokes and Neds first to be fined under Australia’s in-play betting laws

Media authority fines owner Entain $13,200 – the maximum amount allowable – for accepting 78 illegal bets on LIV golf tournament

The Guardian - AU

Australia’s gambling industry split over betting-ad ban on match-day jerseys

Government, wagering giants and NRL examining merits of English Premier League deal to voluntarily phase out shirt sponsorship

The Guardian - AU

AFL receives cut of gambling turnover outside sponsorship, inquiry hears

Gillon McLachlan says product fee arrangements with wagering companies generate ‘a percentage of their operations on the AFL’

The Guardian - AU

‘Radical intervention’ needed to stop online gambling harm, man who lost $8m tells federal MPs

Gavin Fineff, who stole millions of dollars from clients and friends to service his addiction, sends message to politicians in Canberra

The Guardian - AU

Tabcorp threatens legal action against Ladbrokes and Neds over gambling deal with NSW pubs

Deal with Australian Hotels Association raises prospect of more sport betting promotions in pubs amid rising criticism of gambling operations

Evening Standard

Ladbrokes owner focuses on acquiring, not being acquired

“We have our own strategy, we’re growing tremendously well,” CFO Rob Wood said

Evening Standard

FTSE 100 Live: Aviva, Entain and Domino’s results, WANdisco raises fraud alarm

Ladbrokes owner Entain, insurance giant Aviva and Domino’s Pizza UK are among a large number of companies reporting today.

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