Company Information
Entain plc is a global leader in the betting and gaming sector. Founded in 2004 and headquartered in London, UK, the company oversees a diverse range of brands spanning online betting, online casinos and sports betting. Its flagship brands include well-known names such as bwin, Ladbrokes, Coral, PartyPoker and many more.
Since the first half of 2024, Entain has been under the leadership of CEO Jethro Burns. Under his leadership, the company has continued its solid international expansion, with an emphasis on strategic acquisitions and innovation in the gaming and betting industry. The company employs over 24,000 people in multiple regions around the world.
Recent events
In early 2024, Entain gained significant attention due to several significant events:
- Completion of numerous acquisitions of companies specializing in online gaming software development.
- Successful launch of the fresh betting platform in key regions, strengthening the company’s presence on the global stage.
- Increased investment in responsible gaming and player protection initiatives, which strengthened the company’s standing in the eyes of regulators and the general public.
Financial statements for fiscal years 2024–2025
Entain plc has released its financial results for the first half of 2024, highlighting a 12% raise in revenue compared to the same period last year. This growth was primarily driven by the online segment and the company’s expansion into fresh markets. The report, available on our website, also highlights Entain’s commitment to sustainability and responsible gaming practices.
Acquisitions and disposals
Throughout the first half of 2024, Entain plc continued to execute its expansion strategy, primarily through acquisition. It made significant acquisitions in Europe and North America, focusing on its sports betting and online gaming software development businesses. At the same time, the company disposed of certain assets that were no longer aligned with its strategic priorities.
Strategic goals and achievements. Future prospects.
Entain’s primary goal for 2024 is to strengthen its position as a leading force in the global online gaming and betting market. The company is making significant investments in technology and research to provide its customers with cutting-edge solutions. In the first half of the year, Entain made significant progress in increasing its market share, particularly in Europe and Latin America. The company’s growth prospects appear sturdy given its strategic focus on market expansion and continued investment in innovation. In addition, Entain plans to raise its commitment to responsible gaming, which could be a significant competitive advantage in airy of the growing emphasis on ethics in the gaming industry.
Stock market results
Entain plc shares are listed on the London Stock Exchange (LSE) under the ticker symbol ENT. The company’s shares have experienced steady growth in the first half of 2024, reflecting investor confidence in Entain’s strategic direction and future prospects. The company’s market capitalisation now exceeds £9 billion.
Sales analysis by segment and region
In its financial reports for the first half of FY2024, Entain presented a comprehensive breakdown of sales by business segment and geographical region. The online segment continued to generate the largest revenue, driven by successful marketing campaigns and an expanding international presence. Europe and Latin America were the standout regions, showing the highest sales growth. Entain plc continues to maintain its policy of regular dividend payments to its shareholders. In the first half of 2024, the company declared a dividend of GBP 0.18 per share, underlining its stable financial condition and positive prospects for future growth.
Profit and Loss Overview
Entain plc reported net profit of £345 million for the first half of 2024, up 15% compared to the same period last year. The key drivers of this profit raise were the successful integration of acquired assets and the optimisation of operating costs.
Final Thoughts
Entain plc delivered solid financial performance and sturdy business momentum throughout 2024. This success was supported by strategic acquisitions, expansion into fresh markets and a continued focus on innovation.
