Company Research Report: Entain plc
Company Overview
Name: Entain plc
Mission of the Company:
At Entain, the mission is to provide customers around the world with the most entertaining experiences, supported by market-leading player protection across betting & gaming.
Founded: No specific founding date provided.
Founders: No information available.
Key People:
- Barry Gibson: Non-Executive Chairman
- Stella David: Non-Executive Director & Chair Designate
- Gavin Isaacs: Chief Executive Officer
Headquarters: No specific headquarters location provided.
Number of Employees: Approximately 13,000 colleagues worldwide.
Revenue: Over $3.45 billion in Net Gaming Revenue in 2023.
Known For: Entain is known as one of the world's largest sports betting and gaming groups, operating in regulated and regulating online and retail markets.
Products
Overview
Entain offers a diverse portfolio of products in the sports betting and gaming industry, with several renowned brands under its umbrella.
Brands and Products
1. Laimz
2. Betboo
3. BetMGM
4. Borgata Bingo
5. Coral
6. Foxy Games
7. Eurobet
8. Foxy Bingo
9. Gioco Digitale
10. Ladbrokes
11. Neds
12. BetCity
13. Boost Casino
14. Bwin
15. CrystalBet
16. Gala Bingo
17. Finnplay
18. Gala Casino
19. Klondaika
20. Ladbrokes Belgium
High-Level Descriptions and Key Features:
- BetMGM: A leader in the U.S. sports betting and interactive entertainment market, known for its innovative features and integrations.
- Bwin: An internationally recognized brand offering sports betting and casino games.
- Ladbrokes & Coral: Two of the UK’s most recognizable brands in sports betting and gaming.
- Foxy Bingo & Foxy Games: Popular platforms for online bingo and gaming experiences.
- Eurobet & Gioco Digitale: Leading brands in the Italian market providing a variety of betting and gaming options.
No detailed key features for each product provided.
Recent Developments
Recent Developments in the Company:
- April 2024: Announced Chairman Barry Gibson will step down by the end of September 2024, and Stella David will become Chair on Barry's retirement.
- July 2024: Gavin Isaacs appointed as Chief Executive Officer, effective from 02 September 2024.
New Products Launched:
- 365scores (April 2023): Acquired, a world-leading sports media business.
- BetCity (January 2023): Acquired, one of the Netherlands’ leading online sports betting and gaming operators.
New Features Added to Existing Products:
- BetMGM Features (August 2024): Debuts game-changing features for football season.
- Single Digital Wallet (October 2023): Launched by BetMGM in Nevada.
New Partnerships:
- TAB New Zealand (March 2023): Selected Entain as its preferred partner in a 25-year strategic arrangement.
- STS (June 2023): Acquired, the #1 sports-betting operator in Poland.
Additional detailed information on new features or products is not provided.
Summary
Entain plc is a major player in the global sports betting and gaming industry, recognized for its extensive portfolio of popular brands and a strong focus on providing entertaining experiences supported by advanced player protection mechanisms. Entain continues to expand through acquisitions and strategic partnerships, ensuring it remains at the forefront of regulated and regulating markets across the globe. The company prides itself on sustainability and player protection, with initiatives that reflect its commitment to responsible gaming and community support.
