Entain plc Reports Strong H1 Earnings, Upgrades FY24 Outlook
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Entain plc Reports Strong H1 Earnings, Upgrades FY24 Outlook

Entain plc (GB:ENT) has released an update.

Entain plc, a global leader in sports betting and gaming, has upgraded its financial guidance for FY24 following a robust first half of 2024, with Group EBITDA increasing 5% to £524m and online net gaming revenue (NGR) growing by 9%. The improvement is attributed to strong operational execution and high win margins from the Euros event, combined with a successful expansion in key markets like Brazil. Alongside financial growth, Entain also announced leadership changes, with Gavin Isaacs set to take over as CEO and Stella David as Chair.

For further insights into GB:ENT stock, check out TipRanks’ Stock Analysis page.

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