Entain Plc·Consumer Cyclical

Entain PLC (LSE:ENT), the owner of bookmakers Ladbrokes and Coral, has a new chief financial officer with a clear agenda: tighten costs and convert more profits into cash. Michael Snape, who took the role on 6 March having previously served as group CFO at delivery company IDS and in senior finance positions at Boots and Tesco, has been meeting City analysts for the first time since his appointment.

Shares in Ladbrokes owner Entain PLC (LSE:ENT) led the FTSE 100 risers on Monday, leaping 8.4%, on the back of a Wall Street Journal report that legislation is being proposed that would essentially block betting on sports events on prediction market platforms such as Polymarket and Kalshi. Predictions markets have been increasingly encroaching on the traditional sports betting market in the past couple of years.

Monday's share price surge for Entain PLC (LSE:ENT) and Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT) reflects genuine relief at the Wall Street Journal's report of bipartisan Senate legislation. But a bill is not a business model, and the forces driving prediction market growth remain intact.

Entain Plc (GMVHY) Q4 2025 Earnings Call Transcript

Shares in Entain PLC (LSE:ENT) jumped 5.7% to 611p after the Ladbrokes, Coral and Foxy Bingo owner reported full-year results ahead of expectations and struck an upbeat tone on its ability to absorb a looming increase in UK gaming duty. The bookmaker's group net gaming revenue rose 3% to £5.3 billion in 2025, with online up 5% to £3.9 billion in line with forecasts.

Entain Plc (OTCMKTS:GMVHF - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Separately, HSBC raised Entain from
Entain PLC operates as a sports-betting and gaming company. The company provides online betting, casino, poker, and bingo services through mobile and web under the bwin; online and multi-channel betting under the Ladbrokes; street and online betting under the Coral; sports betting, casino, game, and poker under the Sportingbet; online bingo, sportsbook, casino, and poker access under the Betboo; and sports betting, poker, and casino games under the Crystalbet brands, as well as Gamebookers, a full-service sportsbook. It also offers software and technology for race book and sportsbook under the Stadium; online sports betting, casino, and gaming under the Eurobet; sports action and horse racing under the Neds; online bingo under the Gala Bingo; casino and live casino under the Gala Casino; virtual sports under the AGT brands, as well as partypoker, which provides online poker; PartyCasino that provides online casino; and Gala Spins, a gaming application. In addition, the company provides Foxy Bingo that provides online bingo; Foxy Games, which offers slot games, jackpots, and various table games; casino and live casino games under the Casino Las Vegas brand; playtech casino under the Casino King brand; Ladbrokes.be, a shop and newsagent outlet; Ladbrokes.com.au, an online betting site; online betting and gaming under the Optibet; online casino and betting under the NinjaCasino brand; gender-neutral mobile-first casino and bingo under the Laimz brand; online sports, casino, and poker under the BetMGM brand; online sports and gaming under the Borgata brand; and Danske Spil that provides online gaming. Further, it operates an online casino website for German-speaking markets under the CasinoClub brand; Gioco Digitale, a gaming site; and Cheeky Bingo, a bingo platform. Additionally, the company offers PMU that offers online poker; betting in the shop estates; and telephone betting services. Entain PLC was founded in 2004 and is headquartered in London, the United Kingdom.
Consumer Cyclical
Gambling, Resorts & Casinos
19,272
2005-03-08
0.82