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Entain faces FTSE100 demotion to FTSE250 in quarterly review

Entain logoEntain
Sig1.65Sen-2.20Env0.00Soc0.00Gov0.00

City analysts expect Entain to be downgraded from the FTSE100 to the FTSE250 in the forthcoming quarterly review of the FTSE UK Index Series. The anticipated move follows a sustained decline in Entain’s valuation, with shares around 530p. Investors cite broader concerns for UK and European gambling operators amid higher taxes.

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