- Business
- Entain Plc (LSE: ENT) is a FTSE 100 global sports betting and gaming group that operates exclusively in regulated and regulating online and retail markets across more than 30 jurisdictions. Founded in 2004 as GVC Holdings and rebranded to Entain in December 2020, the company is headquartered in Douglas, Isle of Man, with tax residency in the UK and over 20 offices worldwide supporting more than 30,000 colleagues. It offers a comprehensive portfolio of over 35 iconic brands delivering sports betting, online gaming, casino, poker, bingo, and iGaming services; key sports brands include bwin, Coral, Ladbrokes, BetCity, Neds, Sportingbet, Sports Interaction, STS, SuperSport, Eurobet, and Crystalbet; prominent gaming brands encompass Foxy Bingo, Gala, partypoker, PartyCasino, GiocoDigitale, Ninja Casino, Optibet, Boost Casino, and Finnplay; it also powers the 50/50 BetMGM joint venture with MGM Resorts as a leader in US sports betting and iGaming via proprietary technology and exclusive in-house games, while providing B2B services and operating TAB NZ under a long-term strategic partnership. Geographically, Entain serves diverse markets including the UK & Ireland (Ladbrokes, Coral), Europe (Italy, Spain, Germany, Netherlands, CEE nations like Croatia and Poland), Americas (Brazil via betboo and Sportingbet, Colombia, Mexico, Canada, US via BetMGM), APAC & Oceania (Australia, New Zealand), and others like Georgia and South Africa. Recent developments include the successful repricing and extension of its $1,100m USD Term Loan B to July 2032 and repricing of its $2,218m USD Term Loan B in July 2025, reducing annual interest costs by approximately £10m while maintaining net debt neutrality; upgraded FY25 guidance for 7% online NGR growth (constant currency), online EBITDA margin of 25-26%, and group EBITDA of £1.1bn-£1.15bn; strong H1 2025 performance with group NGR up 7% (10% constant currency, including BetMGM), appointments of Stella David as permanent CEO in April 2025 and Pierre Bouchut as non-executive Chair in August 2025 for leadership continuity, and a 5% increased interim dividend of 9.8p per share.