Entain plc, a global leader in sports betting and gaming, has announced impressive results for the fiscal year ended December 31, 2024, highlighting a return to organic growth.
The company reported a 9% increase in Net Gaming Revenue (NGR) adjusted for constant currency, reaching approximately €5.989 billion (equivalent to £5,161.9 million). This growth was driven by significant improvements in key markets and an expansion of operational margins.
The group's adjusted EBITDA showed a 12% year-over-year growth, standing at around €1.262 billion (equivalent to £1,089 million). This increase is attributed to enhanced operational efficiency and strong execution in strategic markets. Entain highlighted exceptional performance in Brazil and newly regulated markets such as the United States through its 50% stake in BetMGM, which also showed positive growth.
The company expects to continue this upward trend in 2025, anticipating online gaming revenue growth in line with underlying markets, and maintains a positive outlook to achieve over £500 million in annual adjusted cash flow in the medium term.
18+ | Juegoseguro.es – Jugarbien.es
