Overview

• Entain’s first-half net gaming revenue rose 6% year-on-year to £2.6 billion while underlying earnings before interest and tax climbed 11% to £583 million.
• Despite stronger underlying results, the company reported a statutory pre-tax loss of £96 million attributable to one-off costs.
• Online revenue in newly regulated Brazil jumped 21% while Australia slid 7% due to softer market conditions and customer-favourable racing results.
• Engagement around major sporting events including the FIFA Club World Cup, Wimbledon and the Women’s Euros drove spikes in multi-bet volumes and customer activity.
• Entain set aside £100 million for an Australian anti-money-laundering probe and warned that proposed UK gambling tax hikes could erode margins and push players to unregulated operators.