Ep 220: Entain in the Membrane, Entain in the Brain!
Last Thursday, Entain published its full-year accounts revealing the scars of a problematic 2023.
The long-awaited results of the LSE gambling group left no place for hiding as leadership declared corporate losses of £900m.
Though Entain maintains that its dire 2023 results were down to legacy failings. Yet under the bonnet accounts detailed across growing concerns across all markets including elements impacting its growth child BetMGM.
2024 will see a Capital Allocation Committee appointed to review the firms brand portfolio, funding and operating structures - as big decisions are needed to turnaround the performance and value.
Can a leaderless Entain claw back its Statues and investors trust, as news circulates of M&A vultures circulating the sick-man of Gambling Plcs…
This will be the topic on today's episode of iGaming Daily, sponsored by Optimove, where Martyn Elliott is joined by SBC News' Ted Menmuir.
To read more about the discussions in today's podcast, click on the following link:
- https://sbcnews.co.uk/featurednews/2024/03/07/entain-concludes-messy-2023/
Host: Martyn Elliott
Guest: Ted Menmuir
Producer: Anaya McDonald
Editor: James Ross
Remember to check out our partners Optimove at https://hubs.la/Q02gLC5L0 or go to optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service.
