{"id":6794,"date":"2024-03-14T10:22:27","date_gmt":"2024-03-14T10:22:27","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/03\/14\/entain-eyes-potential-sale-of-ladbrokes-and-betcity\/"},"modified":"2024-03-14T10:22:27","modified_gmt":"2024-03-14T10:22:27","slug":"entain-eyes-potential-sale-of-ladbrokes-and-betcity","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/03\/14\/entain-eyes-potential-sale-of-ladbrokes-and-betcity\/","title":{"rendered":"Entain Eyes Potential Sale of Ladbrokes and BetCity"},"content":{"rendered":"<div>\n<p>Entain, a major participant in the UK gambling market, is reportedly thinking about selling up some of its brands amid the ever-changing face of the sector. The Wall Street boutique firm Moelis has been brought in by the UK-based gambling behemoth to help the board identify possible brands for divestiture, according to people familiar with the situation.<\/p>\n<p>Aiming to simplify operations and focus attention on key markets and brands, Entain\u2019s strategic goal is in line with the possible divestiture of some businesses. An informed source made a suggestion that Entain\u2019s dedication to establishing its market priorities is highlighted by this tactical move.<\/p>\n<h2>Identifying Prospective Candidates<\/h2>\n<p>According to reports, Entain is reportedly considering the sale of a number of companies, including Georgia\u2019s CrystalBet, BetCity in the Netherlands, Ladbrokes in <a href=\"https:\/\/igaming.org\/casino-news\/entain-sets-sights-on-australian-free-to-air-tv-channel\/\">Australia,<\/a> and Enlabs in Sweden. Interestingly, Super Sport and STS have performed well and are less likely to be divested even though they are not part of the company\u2019s main platform.<\/p>\n<p>The importance of non-integrated brands within the company\u2019s portfolio is shown by the fact that they generated almost one-third of Entain\u2019s revenue in the first half of 2023.<\/p>\n<p>In response to questions from the Financial Times, Entain and Moelis chose to remain silent about the rumors and take a low key approach to the strategic discussions.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Reflecting the company\u2019s proactive commitment to flexibility and optimization within the competitive gaming industry landscape, Entain is thinking strategically about brand sales.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/entain-eyes-potential-sale-of-ladbrokes-and-betcity\/\">Entain Eyes Potential Sale of Ladbrokes and BetCity<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Entain, a major participant in the UK gambling market, is reportedly thinking about selling up some of its brands amid the ever-changing face of the sector. The Wall Street boutique firm Moelis has been brought in by the UK-based gambling behemoth to help the board identify possible brands for divestiture, according to people familiar with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6794","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Entain, a major participant in the UK gambling market, is reportedly thinking about selling up some of its brands amid the ever-changing face of the sector. The Wall Street boutique firm Moelis has been brought in by the UK-based gambling behemoth to help the board identify possible brands for divestiture, according to people familiar with\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Casino Online Best\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/casino-online-best.com\/index.php\/2024\/03\/14\/entain-eyes-potential-sale-of-ladbrokes-and-betcity\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Best Online Casinos - News about Online Casinos\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Entain Eyes Potential Sale of Ladbrokes and BetCity - Best Online Casinos\" \/>\n\t\t<meta property=\"og:description\" content=\"Entain, a major participant in the UK gambling market, is reportedly thinking about selling up some of its brands amid the ever-changing face of the sector. 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