Entain plc, a global leader in sports betting and gaming, has made significant strides in the second half of 2024. The company recently welcomed Gavin Isaacs as Chief Executive Officer on September 2, 2024. His appointment, initially announced in July, is part of a planned leadership transition. Stella David, who will assume the role of Chair after Barry Gibson steps down on September 30, 2024, is working closely with Isaacs to ensure a smooth handover.
Advancements in the US Market
Entain’s subsidiary, BetMGM, is continuing to grow in the US market. Ahead of the 2024 NFL season, BetMGM enhanced its sports betting platform with improved parlay options and player prop offerings, powered by Angstrom’s innovative market pricing tools. The platform also introduced streamlined live betting and bet slip features to elevate user experience. Notably, BetMGM became the first sports betting app to offer Nevada bettors seamless nationwide access via a unified digital wallet.
Building on its strong H1 results reported in August 2024, Entain continues to show robust performance in the second half of the year. The company’s Online Net Gaming Revenue (NGR) growth has surpassed expectations, benefiting from focused execution and increased momentum in Q2, which has carried into the latter half of 2024.
This consistent growth highlights Entain’s solid position in the gaming industry and its commitment to innovation and expansion in key markets.
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