Entain plc, formerly GVC Holdings, is an international sports betting and gambling giant listed on the London Stock Exchange and it owns brands such as Bwin, Coral, Ladbrokes, PartyPoker and Sportingbet. The company owns an additional number of brands outside the UK (Italy, Australia, New Zealand, etc).
Entain reported a net loss of £936.5m (€1.09bn) in 2023 after increased expenses, including its settlement with His Majesty’s Revenue and Customs (HMRC) in the UK that costed £585.0m. The overall stats and performance of the company remain positive with the retail recovery continuing after pandemic impact.
We believe that every day's withdrawals from the average bettor will become harder.
Entain suffers a £936.5m net loss in 2023
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