Entain reported a swift rebound in its British online revenues, exceeding expectations in the second half of the year due to events like Euro 2024 and the Paris Olympics.
The company's strong performance led to a 5.3% increase in shares, offering a reassuring start for newly appointed CEO Gavin Isaacs amidst recent leadership changes.
Entain's online net gaming revenue growth was driven by increased engagement and improved margins in both UK and international markets, proving the effectiveness of its focused strategy.
Activist investor Ricky Sandler, who recently joined the board, has pushed for strategic changes in light of previous leadership transitions, suggesting the company consider selling some assets.
[
Collection
]
[
|
...
]