Entain — News
13 articles mentioning Entain.
Drake's $1.5m World Cup Bet on Argentina Falls Short as Spain Triumphs
Drake lost a $1.5m bet on Argentina to beat Spain in the 2026 World Cup final, adding to the 'Drake Curse' lore after Spain won 1-0 in extra time.
New Zealand opens EOI phase for 15 online casino licences with strict capital and probity criteria
New Zealand has opened expressions of interest for 15 online casino licences, requiring NZ$7.5m in capital and a NZ$19,000 fee by 14 August 2026, with a three-stage process leading to licence issuance in early 2027. The regime prioritises probity, harm minimisation, and a tight cap on operators, including a reinterpretation allowing TAB NZ to apply.
Turkey Ramps Up Crackdown on Illegal Gambling, Blocking Over 84,000 Websites and Re-Arresting Fintech Founder
Turkey has blocked 84,585 illegal gambling websites across 70 countries and re-arrested fintech founder Ahmet Faruk Karslı, as authorities ramp up enforcement linked to organised crime and illicit payment networks.
Entain to Cut 500 Jobs as Part of Efficiency Drive, Citing Longer-Term Cost Optimisation
Entain is cutting 500 roles globally across corporate functions as part of a long-term cost optimisation effort, while also pushing ahead with a €425 million divestiture of its CEE business. The operator has separately estimated that proposed UK online betting tax hikes would add roughly £200 million in annual costs.
German regulator adopts tiered stake system for online slots, operators welcome move
The German gambling regulator replaced the flat €1 stake cap on online slots with a tiered system: under-21s keep €1 max, while players aged 21+ can stake up to €3 (or €5 after a clean 90-day review). Operators and the DOCV welcomed the change as a step toward strengthening the licensed market and are calling for updated criminal laws to target unlicensed offers.
Entain Confirms 500 Job Cuts as UK Tax Hikes Bite
Entain is cutting 500 jobs (2% of workforce) to reduce costs and counter the impact of UK online gambling tax increases expected to add £200 million annually, while separately progressing a €425 million phased exit from its CEE operations.
Rank Group forecasts FY26 profit at least £76m, beating consensus despite regulatory provision
Rank Group expects FY2026 underlying operating profit of at least £76 million, exceeding consensus by around 11%, despite a £5 million provision for a UK Gambling Commission settlement. Growth was driven by all divisions, particularly digital and gaming machines, with the company managing a sharp increase in Remote Gaming Duty through cost controls.
UK Government Consultation Targets Unlicensed Gambling Sponsorships Across Sport and Culture, with Ban Proposed by August 2027
The UK DCMS has launched a second consultation on banning unlicensed gambling sponsorships across sport and culture, proposing an August 2027 start. Entain urges immediate voluntary action, while data shows 40% of Premier League clubs currently have unlicensed sponsors and illegal gambling turnover has surged to £16.6 billion.
Germany’s GGL Approves Tiered Online Slot Stake Increase to Boost Regulated Market Appeal
Germany's GGL has approved higher online slot stakes (up to €5 per spin) for qualifying players aged 21+ with no recent problematic gambling behaviour, effective 1 July 2026, aiming to improve channelization into the regulated market. Industry representatives welcomed the move as a necessary step to combat the unlicensed sector, while a broader treaty review is expected later this year.
Alberta iGaming Market Launches as bet365, BetRivers, and theScore Bet Go Live; Prediction Markets and Pennsylvania Revenue Set Records
Alberta's regulated iGaming market launched on July 13, 2026, with bet365, BetRivers, theScore Bet, and over 15 other operators going live, while Pennsylvania posted record gaming revenue of $7.01 billion and prediction markets captured 27% of U.S. World Cup betting volume.
2026-07-14AlbertaCanadaLicensingRegulationMarket LaunchEsports BettingOnline CasinoPartnershipMarket EntryFIFA World Cup 2026Customer AcquisitionOntarioNew JerseyWorld CupCross-sellOhioMarket ContractionLegislationCredit CardsRegulated MarketsSportsbook LaunchBet365DraftKingsCaesars SportsbookBetRiversPointsBet CanadaFanDuelBETMGMtheScore BetBally BetBet99Golden Nugget CasinosPlay AlbertaTrip StoddardRush Street InteractiveBetwayBally'sHollywood CasinoRiver Cree iGamingRichard SchwartzBrian SappDan O'TooleDale NallyCaesars888Bally’sPure Casino EntertainmentCanadian Football League (CFL)PENN EntertainmentBally’sAaron LaBergeRobeson ReevesGreg KaramitisBally'sEntainBally's IntralotKalshiFanatics SportsbookBetlyESPN BetPrime SportsbookHard Rock BetBetfredBetrDigital Gaming CorporationbetParxSuperBookTipicoWynnBetStella DavidEd BirkinChad BeynonBally'sBally's
EGBA report: European online GGR hits €18bn as AML and safer gambling efforts intensify
EGBA's 2025 Annual Activity Report shows combined online GGR of €18bn, a 34% annual rise, while the association expanded its AML work, safer gambling initiatives, and membership—including Tipico's addition and Super Technologies' board appointment.
2026-07-13GGREuropeRevenue GrowthRegulationResponsible GamblingAMLFinlandMarket DataAnnual ReportReportSafer GamblingSustainabilityLicensingMembershipTaxationJob CutsUKFinancial ResultsAnti-Money LaunderingCEO AppointmentEuropean Gaming and Betting Association (EGBA)Bet365EntainBetssonEvokeFDJ UnitedFlutterLeoVegasSuper TechnologiesTipicoYaspaMaarten HaijerEuropean Advertising Standards AllianceEkaterina HartmannEMMA CapitalBarry MageeBorut Petek
EGBA Members’ Collective Revenue Hits €18B in 2025 as RTP Declines
EGBA members' combined online GGR reached €18 billion in 2025, up 34% year-on-year, while the return-to-player rate dropped to 93.4% and operating margins edged up to 6.6%. Active customer accounts rose 13% to 43.8 million, and the association expanded its licence count and membership.