Entain's fortunes are improving as the company boosts its net profit driven by its online segment
"The results once again demonstrate that financial growth is embedded in the very model of Entain. We set ambitious goals and achieve them through hard work, exceptional talent, patented technologies, and extensive operational capabilities. At the same time, we continuously enhance our customer service, adapt to new trends and market dynamics, and explore various products and markets," said Nygaard-Andersen.
According to the report, the brand's revenue for 2021 reached $6.13 billion, an 8% increase compared to 2020. Gross profit was reported at $3.23 billion, while EBITDA (earnings before interest, taxes, depreciation, and amortization) hit $1.17 billion, reflecting growth of 6% and 5% respectively from the previous year. After taxes, Entain's net profit exceeded $366 million.
Much of this success can be attributed to the growth of the online segment, which saw a 12% increase in net revenue in 2021. Retail operations are also gradually returning to pre-crisis levels.
Jette Nygaard-Andersen expressed her gratitude to all employees for their hard work: "I want to extend a heartfelt thank you to each of my colleagues. You exemplify dedication, hard work, and professionalism. It is this commitment that has enabled the company to achieve such results."
Entain also noted that BetMGM is poised to continue its active development in the U.S. market, where it currently holds the second position in terms of sports betting volume and online casino turnover. Its market share in the fourth quarter of 2021 was 23%.
Additionally, it is worth mentioning that Scientific Games has rebranded itself as Light & Wonder.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
