Entain Ups FY25 Guidance on Strong H1 and BetMGM Surge (Casino News Daily)

Entain Ups FY25 Guidance on Strong H1 and BetMGM Surge (Casino News Daily)

Entain plc reported higher-than-expected results for the first half of 2025, with total group net gaming revenue (NGR) including its 50% share of BetMGM rising 7% year-on-year, or 10% on a constant currency basis. The group’s NGR excluding BetMGM increased 3% (6% cc) to £2.63 billion, marking the first time Entain has provided separate figures for its US and non-US operations. Online operations excluding the US delivered an 8% increase on a constant currency basis, outpacing expectations thanks to strong sports and gaming volumes. UK and Ireland online revenue surged 21% cc, recovering market share after the easing of regulatory restrictions. CEO Stella David credited this to improved product offerings, including faster app performance and a new bet builder, as well as stronger player values. Spain delivered one of the standout results of the period, with NGR up 39%. David described this as “awakening a sleeping giant,” citing the 2024… Read More

Category: News 
Source: Casino News Daily