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Gambling stocks made gains after Ladbrokes owner Entain cashed in on customers hoping to win big on the World Cup in Qatar

Gambling stocks made gains after Ladbrokes owner Entain cashed in on customers hoping to win big on the World Cup in Qatar. The company, which also owns Coral and gaming websites, rose 0.8 per cent, or 12p, to 1500.5p after it said profit for 2022 should beat previous expectations following a record-breaking fourth quarter. Champions …

Gambling stocks made gains after Ladbrokes owner Entain cashed in on customers hoping to win big on the World Cup in Qatar Read More »

Motor racing-Alfa Romeo F1 team announce co-title partnership with…

Jan 27 (Reuters) – The Alfa Romeo Formula One team announced a multi-year co-title partnership with online casino and sports betting platform Stake on Friday as previous Polish sponsor PKN Orlen switched to rivals AlphaTauri. Stake also sponsor English Premier League soccer side Everton. No financial details were given, although a team statement described the …

Motor racing-Alfa Romeo F1 team announce co-title partnership with… Read More »

Investors turn picky in Asia after easy wins from China´s reopening

By Ankur Banerjee SINGAPORE, Feb 10 (Reuters) – As a swift and 4rabet owner name broad rally in Asian stock markets after China’s reopening from COVID curbs peters out, investors are targeting beaten down stocks in sectors including retail, hospitality and technology to lead a narrower advance from here. The initial wave of optimism over …

Investors turn picky in Asia after easy wins from China´s reopening Read More »

Entain raises full-year earnings guidance amid bumper World Cup trade

Entain has hiked profit expectations after the FIFA World Cup helped it achieve record online trade and active customers in the fourth quarter. The Ladbrokes and PartyPoker owner expects core earnings for the last year of £985million to £995million, representing a 12 per cent increase on 2021 and an upgrade on previous guidance of between …

Entain raises full-year earnings guidance amid bumper World Cup trade Read More »

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