Entain reports 23rd consecutive quarter of double-digit online growth

In its Q3 trading update, Entain has reported its 23rd consecutive quarter of double-digit online growth
Entain reports 23rd consecutive quarter of double-digit online growth

In its Q3 trading update, Entain has reported its 23rd sequentially billet of double-digit online growth.

For the stop from 1 July to 30 Sep 2021, radical mesh gaming revenue (NGR) grew 4% year-on-year, with online NGR growing 10%. Excluding Germany, online NGR increased by 18%.

The grouping highlighted BetMGM’s warm growth, with a 23% market place percentage crossways the US in sports betting and iGaming for the triad months to August. It is at present unrecorded inwards 16 jurisdictions, with recent launches inwards Arizona, Wyoming and South Dakota.

The companion also noted that its Advanced Responsibility & Care (ARC) programme continues to micturate well(p) progress, piece the Entain Foundation US funded search with the University of Nevada inwards Las Vegas and launched a new app to financial backing the American Gaming Association’s (“AGA”) Responsible Gaming Initiative.

“These results demonstrate Entain’s continuing power to drive home sustainable, consistent and diversified growth,” said Entain CEO Jette Nygaard-Andersen. “Our powerful Entain political platform provides customers with outstanding products and experiences, which enables us to farm before of our markets as demonstrated past 23 consecutive quarters of double-digit online growth.

“We go along to atomic number 82 our industry in the all-important surface area of participant protection, and I am excited past the betimes results of our innovational ARC programme, which we firmly believe has the potentiality to transubstantiate participant protection crossways the industry.”