Entain Group Overview
Entain plc is a sports betting and gambling company. It owns brands such as bwin, Coral, Ladbrokes, PartyPoker and Sportingbet Entain Group is active in Israel to Israel through its acquisition of 365scores, an Israeli live score sports media firm.
Latest News
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Trending tickers: US Steel, Kering, Tata Motors, BP and Entain
US Steels shares rose by 5% in pre-market trading following the approval of its acquisition by Japans Nippon Steel for $14.9 billion. The acquisition is expected to bring unprecedented investments in US steelmaking, with a commitment of $11 billion by 2028, and is projected to protect and create over 100,000 jobs. The deal includes a national security agreement with the US government, granting it a golden share to block certain actions. This move is seen as a positive growth opportunity for US Steel, enhancing its operations and market position.
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FTSE 100 and US indices higher as Iran-Israel nerves ease
Entain, a major player in the gambling industry, experienced a significant rise in its stock price, jumping 11% after raising its annual guidance for its BetMGM business. The company now expects BetMGMs net revenue for the 2025 fiscal year to be at least $2.6 billion, up from a previous range of $2.4 billion to $2.5 billion. This positive outlook is attributed to the continued momentum in the US market, which is seen as a lucrative opportunity for UK gambling companies. The upgraded guidance reflects Entains confidence in achieving meaningful profitability from its joint venture with BetMGM.
Customers
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Sports betting group Entain acquiring 365Scores for $160 million | CTech
Israeli sports results application 365Scores is being acquired by Entain, a large sports betting and gaming group, for $160 million. 365Scores, founded in 2010, has over 20 million users worldwide. The company was started by four founders who still work in the company. 365Scores has not raised funds since 2014, when it received an investment of $5.5 million following a Seed round of $1.2 million in 2013. The other investments came from the Israeli high-tech investment fund Cedar, which is the leading investor in the company, and the Russian investment fund Leta Capital.
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Team Members
1
Employees: 51-200
Web & Social Links
| Website | www.entaincareers.com/en/locations/israel/ |
Locations
Derech Menachem Begin 121, Tel Aviv-Jaffa, Israel
United Kingdom
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