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Entain Q3 Trading Update

Published

4 years ago

October 13, 2021

George Miller

Reading Time: 3 minutes

23^rd consecutive quarter of double-digit online growth, underpinned by Entain’s industry leading platform

Entain plc , the global sports-betting and gaming entertainment group, today reports trading for the period from 1 July to 30 September 2021 (“Q3”).

Q3 Highlights

Strong Q3 performance with Group net gaming revenue (“NGR”) up 4% (+6% cc¹) against a period of high growth in the prior year
- Online NGR +10% cc¹, marking a 23^rd consecutive quarter of double-digit growth in constant currency
- Excluding Germany, online NGR was up +18 %cc¹
- All major markets (excluding Germany) delivered a strong performance, particularly in Australia and Brazil
Retail NGR was +1%cc¹, with UK volumes recovering toward pre-Covid-19 levels, and activity steadily rebuilding in Europe
BetMGM continues to deliver strong growth, with a 23%³ market share across the US in sports-betting and iGaming for the three months to August
- 26%³ share in sports-betting and iGaming in the markets in which BetMGM operates
- Clear iGaming market leader with 32%³ market share
- Industry data for month of August shows BetMGM challenging for #1 market position across sports-betting and iGaming
- Live in 16 jurisdictions, with recent launches in Arizona, Wyoming and South Dakota on first day of state licencing
- Successful start to the NFL season with the launch of a national advertising campaign featuring Jamie Foxx

Continued progress on ESG initiatives under our Sustainability Charter

- ARC (“Advanced Responsibility & Care”) programme continues to make good progress, expanding trials into real time customer interaction across UK brands
- The Entain Foundation renewed its commitment to Pitching-In Trident Leagues and SportsAid partnerships
- The Entain Foundation U.S. funded pioneering research with University of Nevada in Las Vegas (“UNLV”) and launched a new app to support the American Gaming Association’s (“AGA”) Responsible Gaming Initiative

FY2021 Group EBITDA⁵ expected to be in line with previous guidance of £850m – £900m

- Uplift from strong Q3 trading performance offset by the previously announced impact of the licensing process in the Netherlands

Jette Nygaard-Andersen, Entain’s CEO, commented:

“These results demonstrate Entain’s continuing ability to deliver sustainable, consistent and diversified growth. Our powerful Entain platform provides customers with great products and experiences, which enables us to grow ahead of our markets as demonstrated by 23 consecutive quarters of double-digit online growth.

We continue to lead our industry in the all-important area of player protection, and I am excited by the early results of our innovative ARC programme, which we firmly believe has the potential to transform player protection across the industry.

As we announced on 12 August, our total addressable market is expected to more than triple to over $160bn. This will be driven by the significant opportunity in the US, where we are now challenging for the number one market position, our growth plans in other new and existing markets, and our strategy of entering into new areas of interactive entertainment.

By offering customers ever more engaging products, while leveraging our scale and technology, we will drive the flywheel effects of secular growth dynamics that can triple the size of our business. As a result, we remain very confident in Entain’s future prospects.”

	Q3: 1 July to 30 September 2021					YTD: 1 January to 30 September 2021
	Total NGR	Total NGR cc¹	Sports Wagers	Sport Wagers cc¹	Sports Margin	Total NGR	Total NGR cc¹	Sports Wagers	Sports Wagers cc¹	Sports Margin

Online
Sports	12%	17%	1%	4%	+1.3pp	38%	39%	30%	30%	+0.7pp
Gaming	1%	4%				7%	9%
Total Online	7%	10%				20%	21%

Retail⁴	(1%)	1%	(15%)	(13%)	+0.4pp	(23%)	(23%)	(32%)	(32%)	(0.5pp)

Total Group	4%	6%				8%	9%

Notes

Growth on a constant currency basis is calculated by translating both 2021 and 2020 performance at the 2021 exchange rates
BetMGM revenues comprise of sports (Online and Retail) and iGaming revenues
BetMGM market shares for the three month period to August 2021
Retail operates in UK, Italy, Belgium and Republic of Ireland. Retail numbers are quoted on a LFL basis. During Q3, there were an average of 4,513 shops/outlets in the estate, compared to an average of 4,777 for the same period last year
Guidance on EBITDA is on a post IFRS 16 basis

Compliance Updates

Expanse Studios Secures Swedish B2B Gaming License

Published

14 minutes ago

December 3, 2025

George Miller

expanse-studios-secures-swedish-b2b-gaming-license

Reading Time: 2 minutes

Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc., has been granted a software provider license by Spelinspektionen, Sweden’s national gambling authority, authorizing the company to distribute gaming software to licensed operators in one of Europe’s most mature and regulated iGaming markets.

The license, valid until December 1, 2030, enables Expanse Studios to supply its portfolio of proprietary slot games, crash games, and casino content to Sweden’s licensed B2C operators. This approval positions the company to serve a market that generated approximately €2.4 billion in total gambling revenue in 2024, with online gaming accounting for 64% of total market activity.

Entry into Europe’s Most Regulated Market

Sweden represents one of Europe’s most sophisticated iGaming jurisdictions, with approximately 100 licensed operators serving a population of 10.5 million where internet penetration exceeds 95%. In 2024, the online gambling revenue reached $1.9 billion, reflecting a 5% increase from the previous year.

The Swedish market maintains one of Europe’s highest channelization rates at 85-90%, indicating strong player preference for licensed platforms. Sweden’s regulatory framework, established through the 2019 Gambling Act and overseen by Spelinspektionen, emphasizes technical compliance, responsible gaming, and transparent operations—standards that align with Expanse Studios’ existing operations across 1,300+ casino brands in regulated markets.

“Sweden’s licensing framework sets the gold standard for regulated iGaming markets in Europe,” said Damjan Stamenkovic, CEO of Expanse Studios. “Securing the license approval from the Swedish Authority once again validated our technical capabilities and commitment to responsible gaming in one of the world’s most demanding regulatory environments. This license opens substantial distribution opportunities with established operators serving a highly engaged, tech-savvy player base.”

The Swedish license complements Expanse Studios’ recent European regulatory approvals in Romania and commercial partnerships with operators including AdmiralBet (Novomatic Group) and MerkurXtip (Merkur Group), demonstrating accelerating demand for certified, compliant content across regulated jurisdictions in Europe.

Sweden’s market characteristics—including strong preference for mobile platforms, high consumer spending on digital entertainment, and established payment infrastructure—align well with Expanse Studios’ content portfolio. With 56 proprietary titles including Super Heli, Titan Roulette, and Wild Icy Fruits, the company continues scaling its high-margin B2B operations across Europe, Latin America, and North America.

This license approval reinforces Golden Matrix Group’s strategic focus on expanding regulated B2B operations in jurisdictions with transparent licensing frameworks and very robust player protection standards.

The post Expanse Studios Secures Swedish B2B Gaming License appeared first on European Gaming Industry News.

Betiator

Delasport Unveils a Crash Game for Sports Betting

Published

14 minutes ago

December 3, 2025

George Miller

delasport-unveils-a-crash-game-for-sports-betting

Reading Time: 2 minutes

Leading iGaming supplier Delasport teases a one-of-a-kind sports betting crash game called Betiator – a new in-play experience that merges live sports with the tension and excitement of crash games.

Inspired by the groundbreaking casino genre, the company once again pushes the whole industry to a new phase in evolution by allowing sports bettors to play in the same easy and fun way as fellow casino players. Crash games are booming in the casino world, showing that players crave more emotional, fast, and visually engaging formats – and Betiator brings that same adrenaline-charged energy to the sportsbook.

It changes the scene by introducing a truly innovative way to bet on sports, keeping players at the edge of their seats during the game. Designed to excite both sports bettors and casino players, it marks a defining moment for innovation.

This product comes as a logical next step in the evolution of live betting and the company’s goal to disrupt the iGaming industry. It demonstrates Delasport’s successful commitment to unique innovation: a strategy they call “Going Beyond Content” –building on the success of products and features like SuperPot, My Sportsbook, My Combo, Double My Winnings, and many more.

“Sports bettors deserve the same level of innovation and excitement that casino players get all the time,” Delasport’s CEO Oren Cohen Shwartz says. “At Delasport we’re taking the whole game to a new playing field with Betiator. Live betting won’t feel outdated anymore as we’re bringing in the thrill of the casino to sports betting.”

While details about Betiator remain under wraps for now, Delasport promises a completely new way to experience live sports. Operators and partners eager to see it in action can schedule exclusive demos and discover more at ICE Barcelona 2026, taking place January 19–21, where Betiator will make its official debut.

The post Delasport Unveils a Crash Game for Sports Betting appeared first on European Gaming Industry News.

Carl Gatt Baldacchino Head of Account Management SlotMatrix

SlotMatrix kicks off festive season with Santa’s Golden Christmas release

Published

14 minutes ago

December 3, 2025

George Miller

slotmatrix-kicks-off-festive-season-with-santa’s-golden-christmas-release

Reading Time: < 1 minute

SlotMatrix, the world’s largest casino content aggregator, is embracing the holiday season with Santa’s Golden Christmas, a sparkling new slot packed with festive cheer, golden prizes, and heart-warming holiday magic.

Set in a winter wonderland, the game brings players closer to the jolly gift-giver. Snowflakes drift across the reels, each carrying the potential to boost Jackpot values or trigger Stanta’s Jackpot Wheel, where Mini, Minor, Major, Mega, and Grand prizes await.

The Free Spins bonus delivers even more festive excitement. Locking full reels clears columns, opens new positions, and increases the Free Spins Multiplier, which can climb from 1x all the way to 10x. Each cash prize collected during Free Spins is amplified at the end by this multiplier, turning generous gifts into golden wins.

Exclusively available through SlotMatrix, Santa’s Golden Christmas is enhanced by EveryMatrix’s proprietary gamification tools, including free spins and leaderboards, and can be seamlessly integrated with EngageSuite, the all-in-one player loyalty solution.

Carl Gatt Baldacchino, Head of Account Management, SlotMatrix: “We are nearing the end of the year, and we wanted to celebrate this wonderful season with a special game.

“The dazzling visuals, joyful audio, and ever-present chance of hitting Santa’s biggest prizes make this the perfect choice for the holidays. ‘Tis the season to be jolly, ‘tis the season to play Santa’s Golden Christmas.”

The post SlotMatrix kicks off festive season with Santa’s Golden Christmas release appeared first on European Gaming Industry News.