Browsing Tag
Ladbrokes
4 posts
Why Entain is cutting 400 customer care jobs while online revenue keeps growing
Entain plc is preparing to eliminate around 400 customer care roles, or roughly 20% of the function, extending a wider cost-reset programme as higher UK online gambling taxes weigh on earnings despite continued revenue growth.
Entain (LSE: ENT) could sell SuperSport and STS exposure to cut ÂŁ3.6bn debt
Entain is considering strategic options for its Central and Eastern European betting platform as higher UK gambling taxes, a heavily leveraged balance sheet and a depressed share price force management to reassess where capital can generate the strongest returns.
Entain (LSE: ENT) weighs Central Europe sale as UK gambling tax hit reshapes strategy
Entain is exploring options for its CEE unit as UK tax hikes, debt and a ÂŁ488m impairment reshape ENT stock and gambling strategy.
Tabcorp (ASX: TAH) collapse deepens as AUSTRAC compliance probe revives 2017 AML breach memories
Tabcorp paid A$45m for AML breaches in 2017. AUSTRAC just sent another letter. The market priced in the worst case before management could speak.