Betting giant Entain has improved its guidance after stronger-than-expected trading in the latest quarter. The Ladbrokes and Coral owner said it was boosted by a recovery in its UK and Ireland business, which returned to year-on-year growth “sooner than expected”.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.
00:08The betting company, Entain, has improved its guidance after stronger-than-expected
00:13trading in the latest quarter. Entain said it was boosted by a recovery in its UK and
00:19Ireland business, which returned to year-on-year growth sooner than expected. Entain told shareholders
00:26it now has increased confidence for the rest of 2024, and now expects mid-single-digit
00:32growth in its online net gaming revenues for the year. So, I'm delighted to explain to
00:38you from Entain, one of the biggest names in business in the UK, it's improved its
00:42guidance after a stronger-than-expected performance in the latest quarter. My name's Greg Wright.
00:49I'm the Deputy Business Editor of the Yorkshire Post.