Companies
Ladbrokes owner Entain slashes outlook for online revenues
The company said it was speeding up its transformation plans
Entain, the gambling group which owns Coral and Ladbrokes, has slashed its full-year outlook for online gaming revenues after worse-than-expected recent trading. The company said it was ramping up its overhaul efforts.
Shares in the group fell 7 per cent as it said online net gaming revenues had been softer than it had predicted since the summer as sporting results went in favour of punters as well as a drag from online safer gambling measures, ...