Ep 042: Entain goes shopping again

06/20/23 • 16 min

Call it déjà vu, but Entain once again dominates industry headlines, as the firm orders a £600m bookbuild to acquire STS Group – Poland’s market leading bookmaker - for £750m.
Q2 trading alone has seen it commit almost £1bn in merger and acquisition deals, as STS Group joins 365Scores and Tidal Esports as new properties adding to the ever-expanding portfolio of Entain.
The STS deal saw Entain leadership once more pull the trigger on its ‘local hero’ buyout strategy...Yet this time leadership’s M&A moves have been called out by US investor Eminence Capital as “value-destroying by diluting the company’s shareholding”.
Joining Martyn Elliott on the latest episode of iGaming Daily, sponsored by SBC Summit Barcelona, is Ted Menmuir, Content Director at SBC Media and Ted Orme-Claye, Senior Journalist at SBC News and Lottery Daily.

To read more on the topic discussed today, click on the following link - https://sbcnews.co.uk/featurednews/2023/06/13/entain-launches-600m-bookbuild-to-acquire-sts-poland/

Later this year, SBC Summit Barcelona will return between 19-21 September at the Fira Barcelona Montjuïc. Click the following link for more information - https://sbcevents.com/sbc-summit-barcelona/

To read more on the topic discussed today, click on the following link - https://sbcnews.co.uk/featurednews/2023/06/13/entain-launches-600m-bookbuild-to-acquire-sts-poland/

Later this year, SBC Summit Barcelona will return between 19-21 September at the Fira Barcelona Montjuïc. Click the following link for more information - https://sbcevents.com/sbc-summit-barcelona/

Previous Episode

Ep 041: A 'reasonably expected' advertising revamp

As part of the Alcohol and Gaming Commission of Ontario's mission to further protect young people, online gambling advertising standards in the province could witness a revamp this year.

However, the AGCO has proposed raising the threshold so the term becomes ‘reasonably expected’ to appeal to youth and children.

This will include athletes – whether active or retired – as well as cartoon figures, social media influencers and other celebrities and entertainers.

And this will be the topic of today's iGaming Daily podcast, sponsored by SBC Summit Barcelona, where James Ross is joined by Paul Burns, President and CEO of the Canadian Gaming Association.

Later this year, SBC Summit Barcelona will return between 19-21 September at the Fira Barcelona Montjuïc. Click the following link for more information - https://sbcevents.com/sbc-summit-barcelona/

Next Episode

Ep 043: Viral bonus abuse in LatAm

At the recent CasinoBeats Summit in Malta, Ed Dickerson the co-founder and Chief Operating Officer of Greco, took to the Leadership and Affiliation stage in a panel titled Bonus Abuse Just Went Viral In Latam.
This is what he had to say on today’s episode of iGaming Daily, sponsored by SBC Summit Barcelona.

Later this year, SBC Summit Barcelona will return between 19-21 September at the Fira Barcelona Montjuïc. Click the following link for more information - https://sbcevents.com/sbc-summit-barcelona/