Entain: ‘We’ve delivered’
Entain H1 The top line Net gaming revenues were up 11% to £1.79bn ($2.48bn) while revenue of £1.77bn was up 12%. Underlying EBITDA up 12% to £401.1m. Online revenue up 29% to £1.56bn (the 22nd quarter of consecutive growth). Ex-Germany, online growth was 38%. Retail was down 46% to £191.3m with continued Covid-related closures. BetMGM […]
Street hits like on DK’s social plans
DraftKings Analysts: Deutsche Bank, Macquarie, Credit Suisse, Truist Securities, Jefferies Extending losses: Deutsche Bank (hold) suggested the marginally worse than expected EBITDA losses performance in Q1 has led expectations for losses for the year to “migrate lower” – they are now projecting losses of $551m versus prior estimates of $460m. The revenue beat was due […]