Entain has recently published the annual report for the period ended December 31, 2021 where it reports an 8% increase in group revenue. It should be noted that in addition to reporting on income, investments and various corporate social responsibility actions, the group has also published its Gender Pay Gap Report.
Regarding the most important financial data, we must mention:
- Group revenue £3.9 billion (approximately €4.678 million) representing an increase of 8% compared to 2020.
- BetMGM net gaming revenue $850 million (773.6 million euros approximately), that is, an increase of 378% compared to 2020 data.
- Profit after tax 275.6 million pounds sterling (330.6 million euros approximately), which means an increase of 142% compared to 2020
- Net online gaming revenue £3.1 billion (approximately €3.719 million), an increase of 13% compared to 2020
Considering the above data, JM Barry Gibson, Chairman of the Board of Directors, highlights that it is "nine years of double-digit growth in our online business."
On the other hand, Entain highlights the following operational aspects of 2021:
- Now operating in 21 US jurisdictions, their BetMGM joint venture is the second largest in the country
- Strong growth across the Group with market share gains in all major markets.
- Launch of Ennovate, a new £100m investment innovation hub to develop and showcase disruptive technologies and first consumer products for the sports and entertainment metaverse.
- Deploy ARC™, a safer technology-led gaming program with real-time customer interaction tools.
- Through the Entain Foundation, significant investments in socially positive programs to support grassroots sports and increase diversity in the field of technology.
Likewise, Jette Nygaard-Andersen, CEO of Entain, has announced that in the United Kingdom the average hourly wage gap in the company has been reduced from 7.1% to 5.3%, a figure substantially less than the national average of 15, 4%.
She believes this improvement reflects gender parity in the retail business, where 54% are women. “While we are encouraged by this, we take nothing for granted and have put in place programs and policies such as EnTrain and Women@Entain which will help us continue on this journey. This approach to diversity, equity and inclusion is vital to our purpose of revolutionizing betting and gaming interactive entertainment”.
Watch video on the ENTAIN website
2021 financial report
Report on the gender pay gap in 2021
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