‘We are delighted with the Group’s excellent results’: Entain soars into second half of 2021

Entain recently announced its performance results for the first six months of 2021, prompting a confident outlook for the rest of the year.

“Entain’s platform continues to deliver,” comments CEO Jette Nygaard-Andersen. “Thanks to the diversification of our businesses, our teams’ diligence and our industry-leading technology, we have delivered our 22nd consecutive quarter of double-digit online growth while making excellent progress on our strategic priorities.”

In H1, the Group reported an increase in NGR of 11 per cent over the same period in 2020, with profit after tax reported at £91m, up from £69m. The company’s strong performance in online NGR has been driven by its successes in all key markets, a full sporting calendar, and extended lockdown restrictions in retail.

“We are delighted with the Group’s excellent results and are especially proud of our intention to support innovation with an investment of c.£100m over three years,” adds Karl Gonzi, Entain’s Managing Director in Malta, who manages local operations for Entain plc. In June 2021, the Group’s Maltese business acquired Bet.pt and Enlabs, consolidating Entain’s growth in Portugal and the Baltics and strengthening the Group’s local foothold.

“Our platform continues to create the most thrilling and trusted entertainment for customers worldwide. Following the Group’s exceptional growth and global performance, we’re excited to continue 2021 in a position of strength and confidence,” concludes Mr Gonzi.

Entain plc is a FTSE 100 company and world leader in sports betting and online gaming. To learn more, visit entaingroup.com.