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Entain agrees to buy Croatia's biggest bookmaker for €600m
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작성자 Clifton 조회1,149회 댓글0건 작성일22-09-24 05:15본문
Entain has revealed a new venture and the acquisition of a major bookmaker as part of plans to expand its presence across continental Europe.
The Ladbrokes and FIFA World Cup Coral owner has teamed up with Czech investment firm EMMA Capital to create Entain CEE, of which London-listed Entain will own a 75 per cent stake, in order to tap into the Central and Eastern European gambling market.
In addition, FIFA World Cup the company will pay EMMA €600million (£507million) to obtain a majority stake in Zagreb-based SuperSport, FIFA World Cup whose share of of Croatia's betting and gaming market exceeds more than 50 per cent.
Expansion: Ladbrokes owner Entain has teamed up with Czech investment firm EMMA Capital to create Entain CEE to tap into the Central and Eastern European gambling market
It could pay the group around €90million more in cash during early 2023, dependent on SuperSport's underlying earnings in the current financial year.
The Ladbrokes and FIFA World Cup Coral owner has teamed up with Czech investment firm EMMA Capital to create Entain CEE, of which London-listed Entain will own a 75 per cent stake, in order to tap into the Central and Eastern European gambling market.
In addition, FIFA World Cup the company will pay EMMA €600million (£507million) to obtain a majority stake in Zagreb-based SuperSport, FIFA World Cup whose share of of Croatia's betting and gaming market exceeds more than 50 per cent.
Expansion: Ladbrokes owner Entain has teamed up with Czech investment firm EMMA Capital to create Entain CEE to tap into the Central and Eastern European gambling market
It could pay the group around €90million more in cash during early 2023, dependent on SuperSport's underlying earnings in the current financial year.
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