Business
November 25, 2021
Entain Sells Betdaq to Its Founder Dermot Desmond
Global sports betting and gaming group Entain announced it would be divesting its betting exchange business to its previous owner, billionaire Dermot Desmond. Betdaq Sale Agreed Entain said its Betdaq brand would be offloaded for an undisclosed fee after an agreement for the deal with Irish billionaire and former Betdaq owner Dermot Desmond had been […]
Business
November 22, 2021
Entain Makes a $1B Move for Olympic Entertainment Group
Entain is looking to consolidate its European footprint, bidding the eye-watering $1 billion to acquire Olympic Entertainment Group, an Estonian-based gambling firm with a substantial footprint in the Baltic markets. The news was reported by Front Sports Office and Bloomberg, citing sources close to the matter. The deal is precious to Entain as Olympic has ties with […]
Industry
November 19, 2021
Entain to Sponsor Former NBA Player Oakley’s Charity Initiative
The Entain Foundation US, which aims to coordinate the global corporate social responsibility initiatives of the sports betting company Entain, has joined forces with the retired National Basketball League (NBA) All-Star power forward player Charles Oakley. Entain to Support Oak Out Hunger The collaboration will see Entain sponsor Oakley’s Oak Out Hunger initiative, run by […]
Business
November 11, 2021
Entain’s EnTrain Initiative Prioritizes Tech Development and Diversity
The international sports betting and gambling company Entain has launched a new corporate sustainability reporting directive by the name EnTrain. It aims to improve access to technology for marginalized and underrepresented communities. Impacting Over a Million People According to Entain, the CSR directive’s goal is to have a positive impact on the lives of over […]
Business
November 11, 2021
Entain Boss Says BetMGM Hindered DraftKings Takeover Bid
After weeks of speculation, some clarity has been brought in to why DraftKings’ bid for Entain fell through. According to Entain CEO Jette Nygaard-Andersen, the company was unable to facilitate a final arrangement because of the joint-venture it has helped establish with MGM Resorts in the United States. BetMGM Is the Apple of Discord in […]
Sports
October 28, 2021
Entain Rolls Out Exclusive McLaren Experiences and Content for F1 Fans
Leading global sports betting, gaming and interactive entertainment group Entain announced on Thursday that it created exclusive content for Formula 1 fans. The unique experiences and media content can be accessed by fans via its PartyCasino and Partypoker brands. F1 Fans Can Now Enjoy Exclusive McLaren Content from Entain The new experiences mark a new […]
Business
October 26, 2021
DraftKings Decides to Withdraw From the $22 Billion Entain Takeover
DraftKings officially called it quits on the process of acquiring Entain today, after publicly acknowledging its interest in the purchase earlier this year. Officials of the company have stated that after a long analysis and discussion with the board of directors of Entain, a decision not to make an offer was made. The CEO, Co-Founder […]
Business
October 20, 2021
Entain Gives DraftKings More Time to Provide Definitive Offer
DraftKings has been busy this year, seeking out new acquisitions that would allow it to grow its online sportsbook and casino presence. None, however, was as big as the potential acquisition of Entain. It was initially expected that a final decision by DraftKings on whether it would seriously move forward with a purchase was coming […]
Esports
October 19, 2021
Entain Completes Unikrn Acquisition, Readies to Launch Esports in 2022
Entain revealed its plans to secure esports wagering platform Unikrn in August this year, and has now followed up by completing the acquisition of the betting platform’s assets. Entain bought Unikrn in its entirety, bringing the website’s platform, technology and existing portfolio along with its 50-man team under the entertainment giant’s roof. Looking after the […]
Business
October 12, 2021
Entain Sees Online Growth in Q3 Report, Confirms Addressable Market to Exceed $160B
Entain Plc is emerging from another strong quarter with the company’s corporate growth beating expectations and well on track to accomplish all pre-determined objectives for 2021. The third-quarter update revealed a company that developed strongly during the three-month period concluding on September 30. Net gaming revenue climbed 4% year-over-year, retaining a lot of the company’s momentum […]