Entain PLC — News

Shares in Ladbrokes and Coral owner Entain PLC (LSE:ENT) and Grosvenor casino owner Rank Group PLC (LSE:RNK) fell after a report that slot machine shops and casinos could face a £460 million tax rise under a future Labour government led by Andy Burnham. According to the Guardian, the Social Market Foundation has proposed doubling machine games duty from 20% to 40% on higher-stakes Category B machines, which allow £2 spins every 2.5 seconds.

proactiveinvestors.co.uk - 2026-06-30 05:22:57

Ladbrokes owner Entain PLC (LSE:ENT) has taken the first step towards exiting its Central European business, agreeing to offload a 20% stake for £366 million in a deal that analysts said highlights the discount at which the gambling group trades. The FTSE 100 group, which currently owns 62.5% of Entain CEE, is selling the stake to joint venture partner EMMA Capital, reducing its holding to 47.5%.

proactiveinvestors.co.uk - 2026-06-26 07:16:58

Ladbrokes owner Entain ​said on ‌Thursday it has agreed ​to ​the first step ⁠in a ​phased exit ​from its Central and Eastern ​Europe ​business, selling a 20% ‌stake ⁠to partner EMMA Capital for ​about €425 ​million ($481.82 ⁠million) to ​cut debt.

reuters.com - 2026-06-25 08:14:16

The FTSE 100 leisure sector is facing a quiet drain that rarely shows up in the headline numbers. London-listed giants such as Entain and Flutter Entertainment carry the full weight of UK compliance, yet a growing slice of British consumer spending is slipping toward operators that settle in Bitcoin and stablecoins and answer to no domestic regulator.

proactiveinvestors.co.uk - 2026-06-24 13:18:11

Ladbrokes-owner Entain has begun exploring options for its joint venture in Central and Eastern Europe, including a possible sale, three people familiar with the matter ​said.

reuters.com - 2026-06-18 14:35:02

Entain PLC (LSE:ENT) shares climbed 3.4% to 582p on Tuesday after Deutsche Bank flagged that a proposed acquisition of MGM Resorts by People Inc, the renamed IAC, could have positive read-across implications for the FTSE 100 gambling group. People Inc, chaired by media executive Barry Diller, has proposed a $48.30 per share cash offer for MGM Resorts International, the Las Vegas-based casino and hospitality giant.

proactiveinvestors.co.uk - 2026-06-02 03:59:56

Entain PLC (LSE:ENT) could return more than half its current market value to shareholders in the form of dividends and buybacks by the end of the decade, according to a note from Shore Capital that points to a sharp rise in cash generation. The owner of Ladbrokes, Coral, Foxy Bingo and a 50% share of BetMGM is forecast to deliver a “step-change in cash generation", analyst Greg Johnson said, with £500 million targeted annually from 2028, driven by profit growth, contributions from BetMGM and the unwind of its deferred prosecution agreement.

proactiveinvestors.co.uk - 2026-04-29 08:48:16