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Entain Tops Sales and Earnings Targets as World Cup Lifts Ladbrokes

Entain logoEntain
Sig2.59Sen+3.17Env0.00Soc-1.45Gov-0.23

Entain, owner of Ladbrokes, Coral and Foxy Bingo, reported stronger-than-expected sales and earnings for the past six months, with net gaming revenues up 5% to June 30. Online revenue rose 7%, and UK and Ireland revenues increased 8%, helped by 13% online growth offsetting the effect of high street shop closures after Entain shut 45 stores in Ireland and Northern Ireland.

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