Browsing Tag
STS
2 posts
Entain (LSE: ENT) could sell SuperSport and STS exposure to cut £3.6bn 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 £488m impairment reshape ENT stock and gambling strategy.