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The Latest Breaking News from Entain

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

The Guardian - AU

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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.

Evening Standard

Andrew Wilkie pushes for higher fines for sports gambling companies that breach licence

Independent MP says recent fine of $78,540 issued to Ladbrokes will be ‘lost in the company’s margin of error’ and unlikely to prevent future misconduct

The Guardian - AU

YouTuber boxing fights attract new audiences as ‘Sportainment’ continues to grow

Tommy Fury and YouTube star Jake Paul go head to head in a cruiserweight clash for the newly-made WBC Diriyah Belt.

The Independent UK

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Winter World Cup betting spree fuels £1bn profit at Ladbrokes owner

Entain says £995m pre-tax profit forecast boosted by record number of customers in final months of 2022

The Guardian - UK

Beth Mead receives message from former Lioness after Arsenal's flying start to WSL season

The Gunners are undefeated in the WSL and former England defender Laura Bassett believes Mead's influence has been pivotal, with the star shining for both club and country this year

Daily Mirror

England legends Stuart Pearce and Laura Bassett join forces to celebrate landmark Entain funding for Camden Town WFC

Entain, the global betting and gaming operator behind Ladbrokes and Coral, is supporting the club as part of its ‘Pitching In’ Grassroots Investment Fund

Wales Online

Eddie Howe can take Newcastle United to Champions League after proving doubters wrong

The former Magpies defender says Eddie Howe has proven his credentials with Newcastle and can take them back among Europe's elite

Chronicle Live

London casinos, Formula One and the NFL emerge as bright spots for FTSE 350 gambling companies

The return of tourists to London casinos boosts Rank, while Entain sees rising bets on motor racing and American football

Evening Standard

Suit: MGM paid problem gambler to not report online glitches

A New York man is suing an Atlantic City casino, its parent company and its online betting partner, alleging he was given $30,000 a month to not report being repeatedly knocked offline while gambling online

The Independent UK

Ladbrokes owner faces finance probe

The Australian Transaction Reports and Analysis Centre has been assessing several players in the corporate bookmaking sector

Evening Standard

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AAP

Ladbrokes owner faces financing probe

Entain Group, which operates popular Australian betting sites Ladbrokes and Neds, is facing an investigation under laws to tackle organised crime.

Reuters

Australia financial crimes regulator opens investigation into Britain's Entain

The Australian financial crimes regulator said on Monday it opened an investigation into British sports betting giant Entain Plc to assess whether it was complying with anti-money laundering and counter-terrorism financing laws.

Daily Mirror

Gambling giant that owns Ladbrokes, Coral and Foxy Bingo hit with huge £17million fine

Entain has been told to pay £17million for social responsibility and anti-money laundering failures after online customers were allowed to deposit large amounts without proper source of funds checks

The Guardian - UK

Gambling giant Entain could lose UK licence after record £17m fine

Ladbrokes and Coral owner fined for failing to protect customers after new gambling laws came in

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news in one place.

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Evening Standard

Entain moves into Croatia with €600 million deal and more may follow

FTSE 100 company resurrects dividend as punters head back to high street bookies while online revenues ease

Evening Standard

FTSE 100 Live: Markets steady after US inflation boost, Entain results

A softer US inflation figure has boosted investor confidence after Asian markets built on last night’s strong performance on Wall Street.

The Guardian - UK

Football fans set to spend more than £138m on food and drink for Euros final

Retail bonanza predicted as England’s Lionesses take on Germany at Wembley on Sunday

The Guardian - UK

MPs to raise concerns over No 10 advisers with links to gambling industry

MPs write letter expressing fear that policy advisers may be opposing regulation of gambling industry

The Guardian - UK

Revealed: betting giants lobbied UK government over proposed crackdown

Documents show gambling firms warned Treasury officials against tightening up industry laws

The Independent UK

Ladbrokes owner boosted by high street bookies amid online slowdown

Entain said net gaming revenue increased by 31% for the three months to March 31 compared with the same period last year.

The Independent UK

NJ fines BetMGM $25K for bets on prohibited basketball games

Mistakenly taking less than $100 worth of bets on college basketball games that are not allowed to be wagered on in New Jersey has cost BetMGM $25,000

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