Entain Reports Surge in Online Gaming Revenues as Sports Fans Flock to Betting Platforms

As popular sporting events such as Wimbledon and the Club World Cup drew in large numbers of punters, Entain, the parent company of Ladbrokes, has seen a significant surge in online gaming revenues. The company reported total net gaming revenues of £2.6 billion for the first six months of the year, a 6% increase from the same period in the previous year at constant currency rates. This growth was driven by a 20% year-on-year increase in online sales in the UK and Ireland, the company's largest market.

Key Takeaways:

  • Entain reported total net gaming revenues of £2.6 billion for the first six months of the year, a 6% increase from the same period in the previous year at constant currency rates.
  • The company saw a 20% year-on-year increase in online sales in the UK and Ireland, its largest market.
  • The FIFA Club World Cup final was the most bet-on football match of 2025 for Entain's brands, with strong engagement coming from Brazil, Spain, and the US.
  • The Royal Ascot and Epsom Derby Festival were among the most bet-on competitions, while Wimbledon and the Women's Euro football tournament also drew in significant bets.
  • Entain reported a pre-tax loss of £96 million for the first half of the year, swinging from a £13.7 million profit the prior year due to one-off costs.
  • On an underlying basis, earnings before tax, interest, and other costs came in at £583.4 million for the period, 11% higher than last year.
  • The company is now expecting higher sales growth for the year than its previous outlook, with online net gaming revenues forecast to rise by 7%.

Statistics:

  • £2.6 billion: total net gaming revenues reported by Entain for the first six months of the year
  • 6%: increase in total net gaming revenues from the same period in the previous year at constant currency rates
  • 20%: year-on-year increase in online sales in the UK and Ireland
  • £583.4 million: underlying earnings before tax, interest, and other costs for the first half of the year
  • 11%: increase in underlying earnings from last year
  • £96 million: pre-tax loss reported by Entain for the first half of the year
  • 7%: forecast increase in online net gaming revenues for the year

Sources:

  • Entain's half-year results (no date)
  • "Entain Reiterates guidance for FY 2025" (BBC, 13 June 2025)
  • "Entain profit warning: What's behind the betting giant's woes?" (The Telegraph, 14 June 2025)