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Shares of Entain Plc (OTCMKTS:GMVHF - Get Free Report) have been given an average rating of "Moderate Buy" by the seven analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. A number of brokerages
The Budget brought plenty of political theatre, but for the gambling sector the headline was blunt: a steep rise in taxes on online betting and gaming. Chancellor Rachel Reeves set out a two-stage overhaul that lifts the tax burden on the industry far beyond what many investors had pencilled in.
Bookmakers Entain PLC (LSE:ENT), Evoke PLC (LSE:EVOK) and Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT) have warned investors of "highly damaging" consequences from the new UK gambling tax measures in yesterday's Budget, which are set to come into force from next April. Under changes announced in the autumn Budget, online gaming duty will rise to 40% from April 2026, and a new 25% remote betting duty will apply to online sports betting, excluding horse-racing, from April 2027.
A tax rise is rarely welcome news, but the betting sector may soon find itself brushing off the cobwebs from an old playbook. With reports that the chancellor has dropped plans to lift income tax rates in the late-November Budget, attention has swung back to an easier target: gambling duties.
Entain Plc (OTCMKTS:GMVHF - Get Free Report) has been given an average recommendation of "Moderate Buy" by the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. A number of brokerages recently
It is never dull when activist investors take an interest in a high-profile company. For Entain PLC (LSE:ENT), this week's comments from Sachem Head Capital Management have again stirred the pot.
Sachem Head Capital Management expects sports betting and gambling company Entain's shares could double in the coming years, fueled by increased demand and better returns from a joint venture with hospitality, sports and entertainment company MGM.
Could MGM Resorts International (NYSE:MGM) be limbering up for another tilt at Entain PLC (LSE:ENT)? The question has resurfaced after a series of moves by the US casino group that look, at least on paper, like balance-sheet preparation.
Entain Plc (OTCPK:GMVHY) Q3 2025 Sales Call October 15, 2025 4:00 AM EDT Company Participants Stella David - CEO & Non-Executive Director Rob Wood - Deputy CEO, CFO & Executive Director Conference Call Participants Edward Young - Morgan Stanley, Research Division Estelle Weingrod - JPMorgan Chase & Co, Research Division Monique Pollard - Citigroup Inc., Research Division Pravin Gondhale - Barclays Bank PLC, Research Division Benjamin Shelley - UBS Investment Bank, Research Division Adrien de Saint Hilaire - BofA Securities, Research Division Richard Stuber - Deutsche Bank AG, Research Division David Brohan - Goodbody Stockbrokers UC, Research Division Andrew Tam - Rothschild & Co Redburn, Research Division Presentation Operator Good morning, all, and thank you for joining us for the Entain Group 2025 Q3 Trading Update. My name is Carly, and I will be coordinating the call today.
9.14am: Audioboom hears nothing, British Land bullish Some other bigger share price moves in London this morning. Audioboom Group PLC (AIM:BOOM) fell almost...
Shares in Entain dropped on Wednesday at it announced slowing sales outside of its blockbuster BetMGM US division.
Ladbrokes and Sportingbet owner Entain PLC (LSE:ENT) has kept its full-year outlook unchanged after growth slowed in the third quarter. Total group net gaming revenue (NGR), including BetMGM, was up 6%, or 7% at constant currencies, slowing from the 10% constant currency growth in the first half of the year.
British betting company Entain's former CEO and other senior directors appeared in a London court on Monday charged with bribery and fraud connected to gambling in Turkey.
The roulette wheel may be spinning again for gambling taxes. At the Labour Party conference, the Chancellor signalled that betting companies could face higher levies in the November Budget, saying that while the sector contributes to the economy, firms “should pay their fair share of taxes”.
DraftKings CEO Jason Robins said the company is seeing record numbers heading into the kickoff to the NFL — sports betting's biggest season. BetMGM CEO Adam Greenblatt told CNBC that last week was the sportsbook's best ever in terms of revenue, with pre-season volume up 30%.
The former head of the owner of British gambling firm Ladbrokes is among 11 people British prosecutors have charged with offences including bribery, the Crown Prosecution Service said on Thursday.
Entain PLC's (LSE:ENT) first-half results show solid growth and stronger-than-expected momentum, especially online, though the shares fell 2.3% to 9.15p on profit-taking after a strong performance in the year-to-date. Shore Capital described the earnings before interest, tax, depreciation and amortisation rising 11% to £583 million as comfortably beating expectations.
Entain PLC's (LSE:ENT) shares opened higher after the company upgraded its full-year guidance following a stronger-than-expected first half performance. The global sports betting and gaming group, which owns the Ladbrokes bookmaking chain, reported a 7% rise in total net gaming revenue (NGR) for the six months to 30 June 2025.
Entain PLC (LSE:ENT) shares could be set for a strong run after Citi highlighted an impressive performance from BetMGM, its US joint venture, and another upgrade to the company's full-year outlook. BetMGM's second-quarter net revenue came in at $692 million, up 36% year-on-year and comfortably ahead of market expectations.