Entain investors call touts for growth opportunities in new markets

Jette Nygaard-Andersen

On Thursday, CEO Jette Nygaard-Andersen, Chief Operating Officer Sandeep Tiku, and Managing Director Dominic Grounsell gave lengthy presentations to Entain’s investors.

There were also six promotional videos, one of which featured a group of people chasing a red balloon. They emphasised areas of growth such as online regulated markets and sports betting. The presentation also included sloganeering phrases like “awesome products,” “ambitious wide-ranging innovation agenda,” and “intelligent technology.”

However, actual financial details were scarce. The majority of it was disseminated in a press release issued prior to the call. The acquisition of US-based esports betting group Unikrn wasn’t mentioned until more than 30 minutes into the call.

According to Nygaard-Andersen, the acquisition provides access to a latent market in skills-based wagering. It also provides opportunities to cross into real money betting in other sports.

 

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Nassima Azmzm

Nassima Azmzm

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