Entain Reports 7% Revenue Decline in the UK and Ireland in Q1

Entain Reports 7% Revenue Decline in the UK and Ireland in Q1

The UKs’ changing regulatory landscape has had a negative effect on Ladbrokes owner Entain, with the gambling giant’s report for 2024’s first quarter highlighting a 7% decline in terms of net gaming revenue (NGR) when it comes to its British and Irish operations. Online wagering was hit particularly hard, with Entain generating 9% less than last year. As for retail gambling, the reported NGR decline stood at 6%. However, the company is optimistic that things will turn around by 2025 as it is working toward improving its operations. Moreover, the…

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