{"id":1687448,"date":"2022-10-13T04:05:51","date_gmt":"2022-10-13T08:05:51","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1687448"},"modified":"2022-10-13T04:05:59","modified_gmt":"2022-10-13T08:05:59","slug":"uks-entain-expects-higher-online-gaming-revenue-on-world-cup-boost","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/uks-entain-expects-higher-online-gaming-revenue-on-world-cup-boost\/","title":{"rendered":"UK\u2019s Entain expects higher online gaming revenue on World Cup boost"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fuks-entain-expects-higher-online-gaming-revenue-on-world-cup-boost%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1687448&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>(Reuters) -British gambling firm Entain bet on the soccer World Cup starting next month to help improve its fourth-quarter online gaming revenue and said that its total gaming revenue rose marginally in the third quarter. <\/p>\n<p>The London-listed firm, which owns Ladbrokes and Coral betting shops as well as bwin and partypoker online brands, said on Thursday its total gaming revenue rose 2% in the third quarter, but was unchanged on a constant-currency basis.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>Gambling firms, which are seeing more punters returning to retail shops and witnessing a drop in online gaming from COVID peaks, are now staring at challenges from a cost-of-living crisis as customers seek to cut non-essential spending.<\/p>\n<p>Entain\u2019s smaller rival Rank Group has also warned of continued pressure on consumer\u2019s discretionary spends amid rising inflation. On Thursday, it reported a 2% rise in its like-for-like net gaming revenue for the first quarter. <\/p>\n<p>Entain further said BetMGM, its U.S. joint venture with MGM Resorts, continued to perform strongly, thanks to the start of the National Football League season in the United States.<\/p>\n<p>Previously known as GVC Holdings, Entain\u2019s total online gaming revenue declined by 2% on a constant currency basis for the three-month period ended Sept. 30.<\/p>\n<p> (Reporting by Sinchita Mitra in Bengaluru; Editing by Sherry Jacob-Phillips and Uttaresh.V)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/business\/ladbrokes-owner-entain-sees\/attachment\/file-photo-a-ladbrokes-shop-in-harpenden\/\"><img decoding=\"async\" src=\"https:\/\/c3.oann.com\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2022binary_LYNXMPEI9C0A3-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI9C0A3-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -British gambling firm Entain bet on the soccer World Cup starting next month to help improve its fourth-quarter online gaming revenue and said that its total gaming revenue rose<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1687448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1687448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1687448"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1687448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1687448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1687448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1687448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}