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Entain slips to loss in 2023

7th March 2024 10:58 am GMT
Entain

Entain’s net gaming revenue from continuing operations climbed 11 per cent to £4.83 billion in 2023, but failed to prevent a slip into loss.

The company’s net result for the year was negatively impacted by separately disclosed items totalling £1.29 billion, including £585.0 million related to the deferred prosecution agreement in the UK, amortisation expense of £254.6 million and impairment charges of £289.0 million.

The Online segment contributed full year net gaming revenue (NGR) of £3.43 billion, [...]

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