Ladbrokes owner Entain books 13% earnings jump but warns of ‘regulatory headwinds’ in 2023

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Company reported overall revenues of £4.3bn but its online trading suffered last year as a result of regulatory issues the UK and in the Netherlands

Earnings have jumped by 13 per cent at Entain, the gambling group that owns Ladbrokes, as its overall revenues before expenses rose to £4.3 billion..

However, the company warned that it expects to face regulatory headwinds in 2023 as governments put in place new laws that will restrict the activities of gambling operators. Entain operated 122 Ladbrokes betting shops in Ireland in 2022, according to new accounts filed by the company, down from 133 ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines