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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