Entain Reports 7% Increase in Group Net Gaming Revenue for Third Quarter

of 2020

The online gaming industry has seen tremendous growth in recent years, and Entain is no exception. The company recently reported a 7% increase in its Group Net Gaming Revenue (NGR) for the third quarter of 2020. This impressive growth is largely attributed to the company’s strong performance in its core markets, such as the United Kingdom and Italy.

Entain’s NGR for the third quarter of 2020 was £1.2 billion, up from £1.1 billion in the same period last year. This growth was driven by a number of factors, including a strong performance in its core markets, as well as the launch of new products and services. In particular, the company’s sports betting and gaming products saw an impressive increase in revenue, with sports betting revenue increasing by 16% year-on-year.

The company’s success in the third quarter of 2020 was also driven by its strong performance in its international markets. Entain’s international NGR grew by 13%, with strong growth in both Europe and Latin America. This growth was driven by the company’s focus on expanding its presence in these markets, as well as the launch of new products and services.

Overall, Entain’s impressive 7% increase in Group Net Gaming Revenue for the third quarter of 2020 is a testament to the company’s strong performance in its core markets, as well as its focus on expanding its presence in international markets. With the launch of new products and services, as well as a focus on customer experience, Entain is well-positioned to continue to experience strong growth in the future.