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Entain experiences third-quarter slowdown in online revenue growth
British land-based and online sportsbook operator Entain has reportedly chalked up an increase of 4% year-on-year in third-quarter net revenues despite experiencing a comparative slowdown in online receipts.
According to a report from the Financial Times newspaper, the London-listed behemoth responsible for a slew of online casino and sportsbetting domains including Ladbrokes.com, Bwin.com, Coral.co.uk and Sportingbet.com saw its iGaming revenues for the three months to the end of September rise by over 10% year-on-year. The source detailed that this represented a 23rd consecutive quarter of such growth but was far below the analogous 26% swell experienced during the same period in 2020 when punters were obliged to play from home as a result of the coronavirus pandemic.