Industry News
Entain: Strategic Progress and Trading Momentum Continues into H2 2024
Entain plc, the global sports betting and gaming group, has provided an update on further strategic progress and trading performance delivered so far in the second half of 2024.
New CEO
As announced on 22 July 2024, Gavin Isaacs joined Entain as Chief Executive Officer on 2 September 2024. To ensure a smooth transition, Stella David is working alongside Gavin until she succeeds Barry Gibson as Chair of Entain on 30 September 2024.
Further progress in US
Launched ahead of the 2024 NFL season kick off, BetMGM’s sports betting experience now includes enhanced parlay and player prop offerings powered by Angstrom’s differentiated market pricing capabilities, as well as new streamlined live betting and bet slip features. BetMGM is also now the first sports betting app to offer Nevada bettors seamless, nationwide connectivity through a single, digital wallet.
H2 trading to date
As evidenced in the H1 results on 8 August 2024, the company continue to make strong progress with the focused execution bearing fruit across the operational performances. The improving momentum delivered during Q2 has continued, with Online Net Gaming Revenue (NGR) growth during H2 2024 to date ahead of the expectations.
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