Entain 剥离 PartyPoker 的高风险游戏 Entain, the FTSE-100 gambling conglomerate and owner of Ladbrokes and Coral, has enlisted the expertise of corporate finance boutique Oakvale Capital to advise on the sale of PartyPoker, once an online poker powerhouse. This strategic move is seen as an attempt to rejuvenate its core operations while warding off activist investors. PartyPoker, a subsidiary of PartyGaming, was valued at a staggering £5 billion during its London flotation in 2005. However, industry insiders who have been approached about the sale anticipate it to fetch around £150 million, marking a significant depreciation in its valuation. This decline is attributed to a mass exodus of customers in recent years, rendering the business non-core to Entain’s operations.
关于 Entain 可能出售立博 (Ladbrokes) 和 Coral 的猜测即将落地? Entain, a global leader in sports betting and gaming, has been operating without a permanent CEO since December when Jette Nygaard-Andersen resigned. Looking forward, Entain anticipates a £40m impact on its 2024 earnings due to regulatory constraints. Despite these hurdles, the company remains steadfast in its strategic objectives and is optimistic about its capacity to foster growth and generate value for its shareholders. In its full-year results for 2023, Entain reported figures that met expectations. The company recorded a 14% surge in Net Gaming Revenue (NGR), inclusive of a 50% share of BetMGM, and an 11% increase in reported Group NGR excluding the US. Online NGR saw a 12% growth, while Retail NGR rose by 9%, reflecting new acquisitions and the robustness of the retail estate. BetMGM demonstrated strong performance, achieving a 36% boost in NGR and a 14% market share in sports betting and iGaming. On the financial front, the Group’s EBITDA rose by 1% to £1,008m, with a pre-tax profit of £339m before separately disclosed items. However, the Group incurred a post-tax loss of £879m due to a Deferred Prosecution Agreement settlement and other charges. Entain also declared a second interim dividend of £56.5m and underscored its commitment to sustainability and responsible gaming. The Capital Allocation Committee is currently reviewing Entain’s markets and brands to augment shareholder value. In the ever-evolving landscape of sports betting and gaming, a significant shift could be imminent. Entain plc, the global powerhouse that owns industry-renowned brands Ladbrokes and Coral, has recently initiated a strategic review of its markets and brands. It’s crucial to understand that this is just the beginning, and the review forms part of Entain’s wider strategic goals to stimulate organic growth, broaden online margins, and enhance US market share. Consequently, any potential sale would likely be a strategic move to position Entain for enduring success in an increasingly competitive market. As we await additional announcements from Entain, one thing is certain: the betting industry is observing closely, and the stakes are high. The outcome of this review could potentially shape the future of the industry, making this a narrative worth tracking for anyone interested in the realm of sports betting and gaming.
Betsson通过另一项收购战略性重新进入荷兰市场 Betsson's strategic re-entry into the Dutch market with another acquisition
Better Collective 提高并购能力 Leading affiliate Better Collective has recently announced its plan to issue shares equivalent to approximately 10% of its total capital. This strategic move is aimed at preparing the company for future mergers and acquisitions (M&A). The company intends to issue the new share capital through an accelerated book-building process, a method that allows shares to be made available for a short period with minimal marketing.
欧洲在线博彩巨头诞生:法国国有彩票运营商FDJ以25亿美元收购总部位于马耳他的Kindred集团 In another major deal in the gambling industry, France’s state-owned lottery operator FDJ has offered to buy Sweden’s Kindred Group for $2.7 billion. The acquisition would create a European leader in online betting and gaming, with a presence in 25 countries and a combined revenue of about 3.5 billion euros
Golden Matrix将于2024年第一季度完成对MeridianBet的收购 MeridianBet anticipates the completion of its acquisition by the renowned online game developer and licensor, Golden Matrix Group Inc (GMGI), by the end of the first quarter of 2024. This revelation comes after GMGI's agreement to purchase MeridianBet in January 2023 for a substantial sum of approximately US$300.0 million (£235.1 million/€273.8 million), initially aiming for a closure in the first half of 2023.
激进对冲基金HG Vora推动Penn Entertainment变革 HG Vora Capital Management, led by former Goldman Sachs banker Parag Vora, formally requested the appointment of directors to Penn Entertainment's board. The fund currently holds an 18.5 percent interest in Penn Entertainment, that include swaps.
老虎度假村管理马尼拉冈田有成 即刻启动战略扩张计划 In a bold strategic move, Tiger Resort Leisure and Entertainment Inc., the operator of Okada Manila, has embarked on an expansion journey, signalling a significant development after seven successful years of managing the integrated resort and casino in Entertainment City.
拉特克利夫完成重大收购,曼联股价因此飙升 In a pivotal move for the iconic English soccer club, British billionaire Sir Jim Ratcliffe successfully acquired a 25 percent minority stake in Manchester United Ltd. (MANU). The announcement, made on Christmas Eve, revealed Ratcliffe's acquisition of Class B shares previously held by the American Glazer family, the club's owners, along with the option to acquire up to 25 percent of Class A shares.
Entain CEE收购后的新领导层——Radim Haluza接任STS首席执行官 Poland's leading sports betting operator, STS, has undergone a significant leadership shakeup following its acquisition by Entain CEE for £750 million. The changes, effective from 1st January 2024, see Radim Haluza assume the position of STS's new Chief Executive Officer, while maintaining his role as CEO of Entain CEE. Mateusz Juroszek, a longstanding figure at STS, transitions to the role of Chairman of the supervisory board. Juroszek paves the way for strategic development"
Entain CEE收购后的新领导层——Radim Haluza接任STS首席执行官 Poland's leading sports betting operator, STS, has undergone a significant leadership shakeup following its acquisition by Entain CEE for £750 million. The changes, effective from 1st January 2024, see Radim Haluza assume the position of STS's new Chief Executive Officer, while maintaining his role as CEO of Entain CEE. Mateusz Juroszek, a longstanding figure at STS, transitions to the role of Chairman of the supervisory board. Juroszek paves the way for strategic development"