Previously known as GVC Holdings, Entain was the new name chosen for the gambling group in 2020. Their biggest brands are Ladbrokes and Coral, the two leading names in the UK with thousands of high street betting shops between them and a massive online presence, but the group contains 24 different brands in total. They also hold the number 1 spots in Italy and Georgia and take 2nd position in the market in Germany.
All in all they have successfully attained 50+ license in 20+ jurisdictions and operate in 42 different currencies, so this truly is a global company with a multi-brand approach. They are also another company securing a slice of the pie in America where the potential for substantial growth is huge.
A large percentage of their revenues comes from sports betting and casino gaming, but they also have B2B revenue streams which include providing lottery services as well as running one of the most popular online bingo sites in Foxy Bingo.
|After Tax Profit