Industry
July 27, 2021
Entain Is a Top Donator for GambleAware in Q1, 2021
UK’s responsible gambling charity, GambleAware, published details regarding donations and pledges received from businesses deriving income from gambling in Britain. The charity noted that it has received $3.2 million in donations and pledges for the three months ending June 30, 2021. The biggest donation which GambleAware received was $2.7 million, provided by Entain, one of […]
Business
July 19, 2021
Entain Set to Raise $1.125bn for M&A via New USD Loan
Global sports betting and gaming group Entain Plc announced it successfully priced and allocated a First Lien Term Loan B denominated in US dollars to the amount of $1.125 billion and with a maturity date of March 29, 2027. New USD Loan Entain explained that borrowers of the New Loan, which achieved favorable pricing of […]
Industry
July 19, 2021
MGM Resorts Is Reportedly Considering Another Run on Entain
One of the biggest casino and sportsbook operators in the US, MGM Resorts International, is on the verge of completing a deal it sees as a game-changer. MGM wants to buy out Entain Plc to completely control the jointly-led BetMGM sports betting operator, and is now free to make another bid. Back in January, MGM […]
Industry
July 8, 2021
Entain Expands Game Content Creation and Customization
Global gaming group Entain announced plans for fresh investments into creating new and engaging game content to continue to provide its customers with exciting products and experiences. Investment in New Talent The decision to double its investments into talent across its three in-house studios, CR Games near Oldham in the UK, Win Studios in Hyderabad, […]
Business
June 28, 2021
Entain Ready to Blow Competition for TAB, Mulling AU$4B+ Bid
UK-based gambling group Entain is mulling a new enhanced offer for Tabcorp’s media and sports betting assets to blow out competitors and acquire the business, several media in Australia report. TAB Bidding Impasse Having seen its opening bid for the Australian sports betting business of AU$3 billion ($2.3 billion) rejected in February, Entain followed with an improved proposal to AU$3.5 billion ($2.7 billion) in April, and now it […]
Business
June 23, 2021
Entain Teams up With Verizon to Create Immersive VR Gambling Room
International sports betting and gambling company Entain plans to venture into the world of virtual reality. The company reported that it is working on an immersive sports betting experience that will implement VR. It is planned to release later in 2021. An Ambitious Project Supported By Verizon Media Entain’s ambitious and novel idea will be made […]
Casino
June 16, 2021
Entain Foundation Launches Gamble Responsibly America App
UK gaming operator Entain and US partner BetMGM are backing a new responsible gaming app to be distributed by Entain Foundation in the US. The Gamble Responsibly America App will be an educational resource to assist problem gamblers. Accessing the App Developed in partnership with Epic Risk Management and RG24/7, the app will be available […]
Business
June 1, 2021
Entain Puts Pressure on Tabcorp to Make a Deal, but a New Wrinkle Emerges via FOX Bet
Should Tabcorp decide to spin off its gaming and lottery units into stand-alone companies, it’s going to fail. That’s the message Entain has sent to the company in an effort to convince Tabcorp decision-makers to accept its offer to acquire the units. Australia-based Tabcorp has had difficulty shoring up its gaming operations lately, which led […]
Legal
May 21, 2021
Nevadan Regulators Say Yes to 3-Year License for Entain
Entain will operate in Nevada for another three years through a license extension issued by regulators to the company owing to its ability to meet compliance targets. Entain Receives Go-Ahead by Nevada’s Regulators Entain has been cleared for a temporary three-year license by the Nevada Gaming Commission, almost two years after regulators first objected to the […]
Business
May 19, 2021
Entain Interested in Acquiring William Hill’s Non-US Business
Entain may be the top candidate among UK-based sports betting operators scrambling for the non-US assets of William Hill, a report in Bloomberg speculated today. Lucrative Business for Sale The non-US assets of William Hill are put up for sale after the acquisition of the UK-based group by US casino giant Caesars in a $3.7 […]