Bosses at Ladbrokes owner Entain have snapped up £2.4million of shares in a bet on the gambling giant – sending the stock higher. In a vote of confidence in the outlook, chief executive Jette Nygaard-Andersen bought nearly £325,000 worth of stock. She was joined by Entain’s chairman Barry Gibson and […]
Ladbrokes
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Entain shares nosedive as Ladbrokes owner’s revenues suffer Firm said it anticipates third-quarter online net gaming revenue to be down It expects this will be a ‘high single digit percent’ on a pro-forma basis By Daniel Fessahaye Updated: 14:03 BST, 25 September 2023 Entain shares nosedived after the firm warned revenues […]
The sports wagering company Ladbrokes has been fined nearly $80,000 for serious breaches of its licence and failing to limit damage caused by Gavin Fineff, a financial adviser who stole millions of dollars from his clients to service his gambling addiction. Fineff has pleaded guilty to multiple fraud-related offences in […]
Investors win big with £100m Ladbrokes dividend: Gambling giant’s owner Entain unveils huge payout as profits soar 20% By Calum Muirhead For The Daily Mail Published: 23:11 BST, 11 August 2022 | Updated: 00:04 BST, 12 August 2022 The owner of Ladbrokes will pay out £100million to investors this year […]
Entain shares dive 10% as Ladbrokes owner warns of stagnating online trade even as post-Covid betting boom keeps pace Entain’s retail turnover exceeded pre-pandemic levels in the second quarter The FTSE 100 firm owns gambling brands Foxy Bingol, Sportingbet and Bwin Its total net gaming revenues increased by 18% in […]
Ladbrokes owner Entain set to repay £44m in furlough cash as profits soar by 142% thanks to online gambling boom Entain said the furlough scheme had helped it keep its 14,000 staff on full pay Group profit after tax was £275.6 million, up 142% compared to 2020 But the gambling […]
Ladbrokes owner Entain cuts profit forecast as online gambling boom falters after astonishing run of growth Entain predicts underlying earnings of between £875m and £885m for 2021 The betting business benefited from a much-fuller sporting calendar last year Fourth-quarter online gaming revenue at the FTSE 100 firm fell 6% year-on-year […]
Cloudy Glen, a 33-1 chance trained by Venetia Williams, carried the famous colours of the late Trevor Hemmings to a second successive victory in the Ladbrokes Trophy Chase here on Saturday, staying on strongly all the way to the line to hold the late charge of Fiddlerontheroof (9-2). Cloudy Glen […]