Ep 372: Has Entain turned a corner following positive Q3 trading?
Description
Yesterday (17 October), Entain posted a positive Q3 trading statement, in which the FTSE100 gambling group cited confidence in achieving the year one objectives of its corporate reorganisation and new CEO Gavin Issacs reaffirmed the view that Entain should be viewed as a “highly attractive business”.
And this will be the topic for the latest episode of iGaming Daily, supported by Optimove. Host Martyn Elliott, SBC’s Project Director, is joined by Ted Menmuir, SBC’s Content Director, and Conor Porter, Senior Journalist for CasinoBeats, to delve deeper into the results.
The trio discuss how the group turned the corner in the UK, and if further growth could be hampered by potential tax hikes, whether its BetMGM joint venture is reaching a critical period and why Entian has such a positive position in Brazil ahead of the federal launch of the regulated gaming market in the country.
Finally, to end the episode, they consider what is next for Entain in the final quarter of the year and try to decide if the company has had a good or bad 2024.
To read more about what was discussed in today's episode, click on the following links:
- https://casinobeats.com/2024/10/17/entain-q3-2024-uk-possible-tax-increase/
- https://sbcnews.co.uk/featurednews/2024/10/17/entain-q3-gavin-ceo/
Host: Martyn Elliott
Guests: Ted Menmuir & Conor Porter
Producer: Anaya McDonald
Editor: James Ross
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