Final Results Company Announcement - FT. com

Company Announcements

Sports Betting, Gaming and Interactive Entertainment Global Group Entein PLC (LSE: ENT) will announce the year's achievements on December 31, 2021. Strong performance reflects that the ability and differentiation provided by the industr y-leading platform are led by growth.

-The entire group grew strongly, and the annual NGR growth rate was 7%(CC: 8%).

o Online NGR in 2021 increased by 12 % (up 13 %), tw o-digit growth for ninth consecutive year

O Increase the appeal to a wide range of layers, and the annual active growth rate has been increased by 25 %

The annual trading volume has recovered to more than 90 % of the advance reservation, and the retail business has been performing well.

-BetMGM is growing as a fas t-growing US market leader.

O In the fourth quarter, he gained 23%market share in Sports Betting and Igaming in the business market, establishing his position as a secon d-largest operator.

O In the third quarter of 2021, he gained 29%of market share in the business market and became an Igaming market leader.

O21 develops live services and reaches over 37%of the adult population in the United States.

o The pure operating profit of 2022 was revised to more than $ 1. 3 billion, and EBITDA was expected to be positive in 2023.

-Continue growth strategy in the new market

The acquisition of O Portugal's Bet. pt, Baltic Enlabs AB, and UNIKRN, which promotes the entry of the Esports Skil l-based market.

With three transactions including the acquisition of Avid Gaming for the growth of O Canada, further growth is secured from the start of the new fiscal year.

ONNOVATE HUB is launched to explore innovative technology, products and services, and further improve customer experiences.

-Further progress under the Sustainable Charter of Sustainable Group to Create ESG leading the industry

The ARC TM ("Advanced Responsibility & Care" program has been conducting a dialogue test with rea l-time customers in parallel with the early stage of international expansion, and has progressed steadily.

O. A lot of initiatives have begun throughout the year, including the commitment of reducing carbon emissions by 2035, and has made a profit of 1 million people through access to technology.

O SBC North American Awards is selected as EGR Ob The Year and social responsibility operator of the year.

ELTAIN will continue to be the only online game company in the Dow Jones Sustainability Index, in addition to continuous incorporation to the FTSE4Good index.

-Syable financial result s-Grou p-based EBITDA 1 and 4 increased +5%to £ 881. 7 million, achieving the upper limit of guidance.

O onlin e-based EBITDA 1 and 4 have grown by 12%to 899 million pounds Germany and the Netherlands (21%of online NGRs except Germany and the Netherlands).

O Retaly NGR has decreased by 31. 4 million pounds from the previous year, from the previous year, from 14 million to £ 14 million to 66. 9 million pounds, the basic EBITDA.

O Total revenue in 2021 increased by 8%(+9%CC) £ 3830 million

O Including 50%of the BETMGM joint venture, the FY21 NGR group increased 14%(up 15%)

-The bet MGM (a group joint venture in the United States) continues to be strong, and the FY21 NGR is about $ 850 million, about 5 times the previous year.

-I will repay the 44 million pounds acquired under the Coronavirus employment maintenance plan ("temporary return system") to FY21.

-The profit after group tax is 275 million, up 142%yea r-o n-year

-Sprey cash flow is £ 8 million (before investment and acquisition / sale), 537 million pounds

-The yea r-end pure debt is £ 2, 086 million, and leverage is 2, 4x, ensuring the flexibility of a balance sheet supporting the growth strategy.

Jette Nygaard-Andersen, a CEO of Entain, commented as follows:

"This ful l-year financial results are a reinforcement that Entain is a company that has built up a business model. It supports our strong performance, our unique technology, excellent human resources around the world. An entain platform that combines the industry leading business skills.

All of our main markets are performing well. In particular, BETMGM in the United States has been prepared to challenge the number one seat in business development markets, with net gaming revenue more than the previous year. Others, the retail business was strongly recovered, the regulations were alleviated, and the customer returned to the store, so the handling was recovered to 90%before the reservation.

We are only able to achieve these results thanks to the dedication and professionalism of each and every employee. Given the high quality of our employees, the continued broad-based growth and momentum of our business, and the investments we are making in innovation to support our future expansion, we remain confident in our performance in FY22 and beyond. ”

Fiscal year ended 31 December

Net gaming revenue (NGR)

Underlying EBITDAR 4

Underlying EBITDA 4

Operating profit 5

Profit before tax 5

Profit after tax

Continuing adjusted diluted EPS 6(P)

Continuing adjusted diluted EPS ex-US 6(P)

Dividend per share (P)

The Board did not recommend a final dividend for FY21. The Board recognises the importance of dividends to shareholders, along with the capital allocation priorities that support the Group's growth strategy, and continues to consider the dividend payout ratio as part of its ongoing review.

The team delivered a strong performance in FY21, which reflects the diversity of our business model, the strength of our platform, and the high quality of our people. As we enter 2022, retail is approaching pre-Nord levels and e-execution looks promising following the challenging conditions of the previous year. As the global economy steadily recovers from the impact of the pandemic, the Group continues to provide exceptional products and experiences to our customers. As a result, we remain confident in our 2022 performance and long-term outlook.

(1) Reported results for 2021 and 2020 are managed results relating to continuing operations.

(2) Reported results are after the adoption of IFRS 16.

(3) Currency adjusted growth rates are calculated by translating current and past results at 2021 exchange rates.

(4) EBITDAR is defined as earnings before interest, tax, depreciation and amortization, rent and related expenses, share-based compensation and share of profits of JVs accounted for using the equity method. EBITDA is defined as EBITDAR less rent and related expenses. Both EBITDAR and EBITDA refer to items before disclosure.

(5) is a proposed report for individual items.

(6) Adjusted for the impact of exceptional items, foreign exchange movements on financial liabilities and derivative losses/gains (see Note 10 to the financial statements; EPS excluding BetMGM is also disclosed to better represent EPS attributable to Entain's trading business).

(7) BetMGM revenues include revenues from sports (online and retail) and iGaming.

(8) Underlying free cash flow is EBITDA less working capital, capital expenditures, leases and income taxes, before the investment in BetMGM and acquisitions/divestitures.

(9) Retail numbers are reported on an LFL basis. The number of stores will average 4, 540 in 2021 (compared to 4, 727 in the same period last year

Investor relations - Entain plc

David Lloyd-Seed, Chief Investor Relations & Communications Officer

Davina Hobbs, Head of Investor Relations

Callum Sims, Director of Investor Relations

Media - Entain plc

Lisa Attenborough, Head of Corporate Communications

Jay Dossetter, Head of ESG and Press Office

Jodie Hitch, PR Manager

Rob Greening/ Nick Haines/ Sam Austramus

Tel: +44 (0) 20 7250 1446

Presentation and webcast

The analyst and investor briefing for the full year 2021 will be held today, Thursday, March 3rd at 9am JST.

Participants will be able to join via webcast or conference call approximately 15 minutes prior to the event.

Q& A To participate, please call in or listen to the webcast during the conference call and participate in the Q& A session. Please log in and see the details on the conference call:

UK +44 (0) 330 336 9601

US +1 646 828 8073

Access Code: 8740864

Presentation slides will be available on our website shortly before the event: https://entaingroup. com/investor-relations/results-centre/

Replays of presentations and transcripts will be available on our website:

Q1 Trading Update: April 7, 2022

BetMGM CMD: May 2022

Q2 Trading Update: July 7, 2022

2022 Interim Results: August 11, 2022

This document contains forward-looking statements. These statements are set out in many places in this document and include, in particular, statements about our intentions, beliefs or current expectations with respect to our results of operations, financial condition, liquidity, prospects, growth, strategy and the business we operate, and statements about our officers, directors and employees. These forward-looking statements include all matters that are not historical facts. By their nature, these statements involve risks and uncertainties and future events or circumstances may cause results or developments to differ materially from those expected. All such forward-looking statements reflect the knowledge and information available to us as at the date of this document. Except for any legal or regulatory obligations (including the Market Abuse Regulation (596/2014), the Listing Rules, the Disclosure and Transparency Rules and the Prospectus Rules), the Company is under no obligation to update or revise such forward-looking statements. No statement in this document should be construed as a profit forecast. The Company and its directors do not accept any liability to third parties in relation to this document other than as a result of: About Entain plc

Entain plc (LSE:ENT) is a FTSE 100 listed group, one of the world's largest sports betting and gaming groups, operating in both online and retail. The Group has a comprehensive portfolio of established brands. Sports brands include bwin, Bet. pt, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet. Gaming brands include CasinoClub, Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology in all major product lines and, in addition to its B2C activities, serves a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture with BetMGM, a leader in sports betting and Igaming in the United States. Attain provides the technology and capabilities that power BetMG, as well as proprietary games and products developed in Attain's gaming studio. The Group has its tax domicile in the UK and operates in a total of 31 regulated and regulated territories. Attain is an ESG leader, a member of FTSE4GOOD, DJSI and rated AA by MSCI. The Group has a science-based target to achieve carbon net zero by 2035 and through the Entain Foundation supports various initiatives focused on safer gambling, diversity in sport and technology, and community projects. For more information, please visit the Group's website: www. entaingroup.

CEO Review

A Global Leader in Our Industry

Attain is a consumer-focused growth company that delivers profitable and sustainable returns for our stakeholders. We continue to progress towards our ambition as a global leader in betting, gaming and interactive entertainment.

Having significantly increased our online sales every year for the past nine years, and grown at 20% CC per annum for the past two years, we are clearly a business that is delivering growth. Our customer base has grown by 25% over 2020. Our operations currently cover 31 regulated or regulated territories, with leading positions in each of our key markets. We also expect to grow to over $160 billion in the medium term, with the opportunity to triple the size of our operations. Attain is a business that has built its growth model on an industry-leading platform of proprietary technology, people and capabilities. This platform allows us to deliver evolving customer experiences, evolve with new customer trends and grow into new markets and products. We will continue to evolve as a business and position ourselves as an industry leader in growth, innovation, capabilities, player protection and customer focus.

By creating the moment of excitement with betting, games, and interactive entertainment, and expanding content, products, and experiences to expand customer reach, promptly promoting the base of promoting custome r-centered growth in new markets and products. I am building it. This further expands the customer base, enhances royalty, promotes diversification of revenue sources, and reduces acquisition costs.

We are evaluated by various indicators and are at the forefront of sustainability in the industry by won numerous awards. The important thing is that the advanced responsibility and care (ARC TM) program is innovative.

In 2021, Group NGR increased+8%CC (including 50%of the bet MG) and EBITDA increased +5%to achieve powerful achievements. Online NGRs increased by 13%CC, and in the previous quarter, signs of new normalization were seen.

In particular, the EGR won the Operator of the Year and was selected as one of the most praised companies in 2021 by Management Today. Such a wonderful achievement is a proof of an excellent team with high quality. I would like to thank each and every one of them for this year.

Customer Centric Platform

Entain's platforms are differentiated from competitors, become the driving force of growth, support custome r-centeredism, and become the driving force of value creation. This platform contains its own technology, the leader in the industry, and the ability of custome r-centered. It also has a great competitive advantage in five important strategic fields:

-Continuous improvement in custome r-centere d-Custome r-centricism is a backbone of the growth of the entire group. The customer's experience is attractive, exciting, appropriate, and always improved means to always refresh and evolve our content, services, and how to support customers. Masu. By focusing on what a better customer experience is, and creating small excitement, we increased the number of active basses by 25 % in 2021 and improved customer royalty. < SPAN> Betting, games, and interactive entertainment creates excitement moments and expands content, products, and experiences to promote custome r-centered growth in new markets and products by expanding content, products, and experiences. We are building quickly. This further expands the customer base, enhances royalty, promotes diversification of revenue sources, and reduces acquisition costs.

We are evaluated by various indicators and are at the forefront of sustainability in the industry by won numerous awards. The important thing is that the advanced responsibility and care (ARC TM) program is innovative.

In 2021, Group NGR increased+8%CC (including 50%of the bet MG) and EBITDA increased +5%to achieve powerful achievements. Online NGRs increased by 13%CC, and in the previous quarter, signs of new normalization were seen.

In particular, the EGR won the Operator of the Year and was selected as one of the most praised companies in 2021 by Management Today. Such a wonderful achievement is a proof of an excellent team with high quality. I would like to thank each and every one of them for this year.

Customer Centric Platform

Entain's platforms are differentiated from competitors, become the driving force of growth, support custome r-centeredism, and become the driving force of value creation. This platform contains its own technology, the leader in the industry, and the ability of custome r-centered. It also has a great competitive advantage in five important strategic fields:

-Continuous improvement in custome r-centere d-Custome r-centricism is a backbone of the growth of the entire group. The customer's experience is attractive, exciting, appropriate, and always improved means to always refresh and evolve our content, services, and how to support customers. Masu. By focusing on what a better customer experience is, and creating small excitement, we increased the number of active basses by 25 % in 2021 and improved customer royalty. By creating the moment of excitement with betting, games, and interactive entertainment, and expanding content, products, and experiences to expand customer reach, promptly promoting the base of promoting custome r-centered growth in new markets and products. I am building it. This further expands the customer base, enhances royalty, promotes diversification of revenue sources, and reduces acquisition costs.

We are evaluated by various indicators and are at the forefront of sustainability in the industry by won numerous awards. The important thing is that the advanced responsibility and care (ARC TM) program is innovative.

In 2021, Group NGR increased+8%CC (including 50%of the bet MG) and EBITDA increased +5%to achieve powerful achievements. Online NGRs increased by 13%CC, and in the previous quarter, signs of new normalization were seen.

In particular, the EGR won the Operator of the Year and was selected as one of the most praised companies in 2021 by Management Today. Such a wonderful achievement is a proof of an excellent team with high quality. I would like to thank each and every one of them for this year.

Customer Centric Platform

Entain's platforms are differentiated from competitors, become the driving force of growth, support custome r-centeredism, and become the driving force of value creation. This platform contains its own technology, the leader in the industry, and the ability of custome r-centered. It also has a great competitive advantage in five important strategic fields:

-Continuous improvement in custome r-centere d-Custome r-centricism is a backbone of the growth of the entire group. The customer's experience is attractive, exciting, appropriate, and always improved means to always refresh and evolve our content, services, and how to support customers. Masu. By focusing on what a better customer experience is, and creating small excitement, we increased the number of active basses by 25 % in 2021 and improved customer royalty.

- Driving Growth - Built-in agility, flexibility and scalability allow us to expand internationally, integrate new acquisitions, support growth in existing markets including the US, understand and evolve as customer behavior changes and evolve into new products.

- Player Protection and Advanced Accountability & Care - ARC TM is Entain's industry-leading approach to customer protection. It is a proactive player protection program that navigates each customer journey in real time by tracking protection indicators and behaviors through advanced analytics to identify the risks associated with that customer. Early trials have shown promising results with an overall 30% reduction in customers with elevated risk levels, and we are now beginning our international rollout.

- Innovation Engine - Constant product evolution keeps the customer experience fresh and engaging. Following a £100 million investment, we are opening our innovation hub, Enovate, in London to explore new technologies such as AI, virtual reality and augmented reality to deliver new wow moments for our customers.

- Driving Efficiency - Maximize cost and revenue synergies from both acquisitions and group-wide efficiencies. Operating our own platform allows us to operate at lower cost than our competitors. We will launch our Evolve program in 2021, with plans to achieve £100 million in efficiencies over three years.

As Entain continues to grow, we are evolving our business structure, processes and capabilities around Entain's platform. This will enable us to deliver an even better customer experience and ensure we deliver significant growth opportunities as a leading global sports betting, gaming and interactive entertainment company.

We have a clear strategy to leverage our platform to deliver on our key pillars: growth and sustainability. Our ambition is to be the leading global betting, gaming and interactive entertainment company with the customer at the heart of everything we do. Through this strategy, we will continue to deliver significant value for our stakeholders.

Admain is a development company. For the past two years, the annual average growth rate of 20%has increased online revenue. We are developing businesses in 31 regulated areas or regulatory areas in the field of betting and gaming, and have an ambitious plan to expand in new markets and new products while building interactive entertainment opportunities. Masu.

Our growth strategy has four pillars, making it possible to continuously lead group performance and expand the scale. These are clear ambitions to become the top operators in the United States through BetMGM, grow in the core market, enter new regulatory markets (organizational and M & amp; AMP? To expand.

Leadership in North America

BETMGM has a solid position as a leading operator in the US market based on the technology and abilities of Entein's platforms and the brand power of the Joint venture partner, MGM Resorts International. The North American market is expected to be about $ 32 billion in the long term. During the 2021, Bet MGM gained strength and achieved 23%of the market share of sports betting and wigming in the market that develops business in three months until December 2021. This is in line with the lon g-term goal of 20%to 25%, which has secured a number 2 operator, but is in place to challenge the top position in these markets.

Bet MGM gained 29%of market share in the third quarter, continued to lead in the waging field, and in the field of sports betting, the bet MGM gained 18%share in the third quarter and its market. We have built more positions in. Professional and exclusive products provided through Entein platforms differentiate bet MG services, bring competitive advantage, and over 70%of Bet MG customers are these monopoly products. He is involved and supports growth.

This year, BETMGM operated in nine markets. In the first two months of 2022, we added four more jurisdictions to a total of 21. The Bet MGM is operating in the 11 retail markets, 15 online sports betting markets, and 4 Igaming Market, reaching about 37%of the adult population. In addition, based on global experience in this category, horse racing products have been started in three more markets. Regulations have begun in Ontario, we plan to launch a bet MGM brand in this market and start services in Illinois in the first half of this year.

In 2021, we started the first national advertising campaign with Jamie Fox, gaining strong empathy as a differentiated approach to the emerging betting and gaming markets. Later, before the 2022 NFL Super Ball, we further renewed the campaign and advertising.

BETMGM has benefited from the best digital marketing tools, database analysis, and specialized products that provide specialized products. BETMGM also benefits from MGM Resorts' omn i-channel pr e-order and Fely Program, and about 14%of new registrants have established existing relationships through any of these channels. In the year of VEVERED, some innovative products were released, including Bingo and Entein's global leadership in horse racing, such as Borgata Bingo in New Jersey and three horse racing apps in three states without existing businesses. I did.

As a result, Bet MGM quickly established a leader as a leader while maintaining financial discipline. The government's revenue increased by about 140 % every year, and the total revenue over the year reached $ 850 million. It was confirmed that the acquisition unit price was according to guidance, and it is expected to achieve a lon g-term acquisition unit price of $ 250. We have already achieved positive contributions in some markets, of which some of them are open. In 2022, it achieved more than $ 1. 3 billion, and in 2023 that EBITDA would be positive.

In summary, BETMGM is proceeding steadily to realize the ambition of becoming a leader in the US sports betting and the Igaming market, and the market share is expected to be 20 to 25%.

Growth of major markets

Our business currently covers 31 regulated and regulated areas and has established a leading status in each major market. The combination of custome r-oriented attitudes, powerful brands, outstanding products, and digital marketing expertise, we were able to grow in all major online markets. The current market size is an average annual growth rate of 8%or more, and is expected to reach about $ 60 billion in the medium term (increasing from the current $ 40 billion).

Entertainment platforms can provide outstanding experiences with ease of use, stability, excellent services and protection, fresh, unique and exciting content. We continue to evolve services and charms to create an exciting moment for a wider and more entertainment customer base. As a result, we will not only enhance the market presence and deepen, but also deliver profits with higher consistency and quality.

In the UK, the group's brand has continued to resonate, and the number of customers is increasing, as it is expected that online activities will increase by 15 % in 2021. Laddubroks and Coral British brands have greatly advanced their r e-positioning to maximize appeal to a wider range. In the new advertisement, the industry's first marketing campaign has started, attracting viewers with "drummer" and "balloon" ads, and the new "Foxy" TV advertising series and the "First Dates" sponsoring are also strong. I did. In addition, new games, products and content have attracted customers and further improved their services and user experiences. It produces free games for sports and games, providing more options for customers. The partnership with ITV has produced a documentary on the theme of impressive sports, reaching 800, 000 average viewers and 5 million social channels.

The digital business in Italy and Belgium has achieved good achievements, despite the difficulties of retail environments throughout Europe due to the constraints of Cavid. The online winner in 2021 was a provider with the largest retail network, and the mult i-channel business had a great advantage. In Italy, active companies showed a powerful growth of+18%and NGR+31%CC, which is due to strengthening products and functions and improving user experience. We also introduced a new NBA game schedule, a new soccer player market, an i n-house game in BWIN and Gioco Digitale. EUROBET has begun more than 300 new casino games and has been providing new exciting content to customers, such as adding Esports streaming on Bwin. tv. In Belgium, the renewal of Ladbrokes. be has increased active products by about 72%, and the advertising campaign has been renewed and the spon service of the BWIN Jupilla Pro League has lived live streaming soccer games on both online and mobile. I came to come.

In 2021, the German market has further introduced a new regulation system, including the State Treaty and the new sales tax. The system has brought the german betting and the gaming market welcome, but there are some issues. We are hoping for a complete license and regulation monitoring of an appropriate regulatory environment and creating a normal market that protects customers from underlined businesses. BWIN has continued to diversify services by enhancing various products and functions. This year, BWIN has a sponsor contract with the European Football Federation (UEFA), providing large brand exposure through stadiums and media, not only in Germany, but also in many countries around the European League and the European Conference League. 。 In addition, the exclusive free partnership with the content platform "433", which specializes in soccer, increased BWIN's Instagram followers by 40 %.

In the Australian business, both brands of Radbroks and NEDS have achieved great achievements with +20%(+18%CC), which is a comparison of 2020 and NGR comparison in 2020 and NGR. Is increasing. The renewed approach provides attractive content, attractive advertisements, and unwavering commitment to customer experiences, and incorporates new customers and late customers. Since the start of conten t-led growth strategies, Radbroks has created more than 250 deep dive content in both the Melbourne Cup and Radbroks Cox Plate, and has also produced the Moody on the Mike Podcast. To date, the content has recorded more than 440 Impression meters, and Peter Moody's podcast has reached an average of 2. 5 million. With the start of the 20/20 cricket season, we have launched free games and new qui z-based games.

The Enterabs in the Baltic Country have continued to achieve more than their expectations, and have achieved a 38%increase in profomers because the main products of Entein have been completely integrated into the opti bed service. In the second half of 2021, Optivet has developed new e-sports betting products in Latvia and Estonia, and customers can bet on chance games such as EFIFA, ENBA, Fortnight, and Call of Duty.

With the acquisition of BET. PT, Entertaine has entered Portugal, one of the fastest growing markets in Europe. By migrating the platform to Bwin. pt and adjusting the brand to Bwin. pt, in addition to the partnership with Bwin. pt's Portugal League, you can use more live games while taking advantage of the existing strengths of sports books. Now, we can now provide a wider range of product lineups.

Crystal bets continue to grow strongly, and the core market share has reached 32%, maintaining a Georgia market operator.

Brazil's business continues to lead the market, which has grown greatly by 156%of Active on a 2021 CC basis and NGR111%. Despite the intensification of sports betting regulations scheduled for 2022 (and 2023), we maintain our business than other operators due to the brand power and operation kno w-how of sporting beds. I am doing it.

The casino and party poker brands were integrated and became one party. The performance was as expected, and the active casino grew steadily. One party has been focusing again on entertainment players and their entertainment experiences.

The regulations of Cobid and the accompanying confusion have reached all retail businesses throughout 2021. However, as the regulations were alleviated, the customer was encouraged by the recovery of the retail business, proving that the customer was enjoying the experience at the store, and the rapidly increased handling of the retail business.

With subsequent deregulation, European stores took a step behind the UK. Early restarting was led by machines as the soccer season and the expansion of sports calendars were recovered. With the acquisition of < Span> Bet. pt, Entertaine has advanced to Portugal, one of the fastest growing markets in Europe. By migrating the platform to Bwin. pt and adjusting the brand to Bwin. pt, in addition to the partnership with Bwin. pt's Portugal League, you can use more live games while taking advantage of the existing strengths of sports books. Now, we can now provide a wider range of product lineups.

Crystal bets continue to grow strongly, and the core market share has reached 32%, maintaining a Georgia market operator.

Brazil's business continues to lead the market, which has grown greatly by 156%of Active on a 2021 CC basis and NGR111%. Despite the intensification of sports betting regulations scheduled for 2022 (and 2023), we maintain our business than other operators due to the brand power and operation kno w-how of sporting beds. I am doing it.

The casino and party poker brands were integrated and became one party. The performance was as expected, and the active casino grew steadily. One party has been focusing again on entertainment players and their entertainment experiences.

The regulations of Cobid and the accompanying confusion have reached all retail businesses throughout 2021. However, as the regulations were alleviated, the customer was encouraged by the recovery of the retail business, proving that the customer was enjoying the experience at the store, and the rapidly increased handling of the retail business.

With subsequent deregulation, European stores took a step behind the UK. Early restarting was led by machines as the soccer season and the expansion of sports calendars were recovered. With the acquisition of BET. PT, Entertaine has entered Portugal, one of the fastest growing markets in Europe. By migrating the platform to Bwin. pt and adjusting the brand to Bwin. pt, in addition to the partnership with Bwin. pt's Portugal League, you can use more live games while taking advantage of the existing strengths of sports books. Now, we can now provide a wider range of product lineups.

Crystal bets continue to grow strongly, and the core market share has reached 32%, maintaining a Georgia market operator.

Brazil's business continues to lead the market, which has grown greatly by 156%of Active on a 2021 CC basis and NGR111%. Despite the intensification of sports betting regulations scheduled for 2022 (and 2023), we maintain our business than other operators due to the brand power and operation kno w-how of sporting beds. I am doing it.

The casino and party poker brands were integrated and became one party. The performance was as expected, and the active casino grew steadily. One party has been focusing again on entertainment players and their entertainment experiences.

The regulations of Cobid and the accompanying confusion have reached all retail businesses throughout 2021. However, as the regulations were alleviated, the customer was encouraged by the recovery of the retail business, proving that the customer was enjoying the experience at the store, and the rapidly increased handling of the retail business.

With subsequent deregulation, European stores took a step behind the UK. Early restarting was led by machines as the soccer season and the expansion of sports calendars were recovered.

Evolving customer experience in the whole retail business, using digitalization, and improving journey on all channels is an important driving force in the UK Retards, and customers are particularly wide. I am interested in the depth. As part of the brand resort, the media value of the store was used through the digitalization of the display. Our unique EPOS system, Omnia, has been completely deployed in the UK, and its own bet station terminals that are used by customers at more than 200 stores have accelerated machin e-led growth in both sports and gaming. Ta. Patent feedback and encouraging data indicate that customers are enjoying our digital hubs currently in 30 stores.

Advance to the new market

More than 50 regulatory markets in Central East Europe, Latin America, and Africa have a lon g-term gaming total revenue of about $ 40 billion, and there are major growth opportunities around the world in markets that are not currently operating.

We have a high track record in integration and value creation by M & amp; A, and will lead to Baltic Enlabs, Portugal's Bet. pt, IMPALA, and Esports Betting Market to increase access to the entire Africa. Four acquisitions, including UNIKRN, were completed. In 2022, he has already traded three cases and is actively active.

In February 2022, the Company acquired the AVID GAMING, which provides very attractive, rapid, and regulated Canadian sports betting and gaming markets through Sports Interaction. Sports services provided by Sports Inter Action are highly complementary to Entein's existing businesses, and this combination allows customers in the Canadian market to provide a wide range of attractive products and services.

Our company, which has a powerful brand portfolio that boasts a global recognition such as BWIN and PARTY throughout the group, can grow organically in a new market. We are one of the providers who started service in Colombia, where the market was regulated, and the acquisition of Impala's activation tools plans to launch organic services in Africa after 2022. is.

The entry into the new market was made through both M & Amp; A and organic expansion, contributing to 3%of the annual online NGR.

The Company will continue to seek more opportunities to enter new and regulated markets that can further increase shareholder value.

Interaction and acquisition with new viewers

Technology has changed consumers' behavior through new trends and ecosystems, creating exciting opportunities. We listen to customer voices, understand these changes, adapt and innovate to promote further growth to new viewers.

Customers are looking for more content, more engagement, more interactive, social experiences, more videos, more audio, and more free entertainment. Simply put, interactive entertainment and media are fusing with conventional betting and gaming markets.

Attain is at the center of this fusion, using our platform to meet the needs of customers and provide great opportunities to attract more customers to our network. This not only enhances the engagement and adhesive, but also begins to create a powerful flywheel effect that strengthens cros s-selling products and reduces acquisition costs.

Over the past year, we have grown in these markets and have established some basics to begin to benefit from the flywheel effect. As mentioned above, in markets such as the UK, Australia, and Germany, we created abundant content and media and attracted customers mainly in sports. These have already succeeded in expanding our activities. We have developed a new product that expands engagement with customers in both Free to Play and Real Money.

In August, UNIKRN was acquired and entered the E-Sports Betting Market, which is expected to be 12 billion Canada dollars in the medium term. After the acquisition, we are reconnecting the product group and working with partners and regulatory authorities to develop products to be released in the second half of this year.

The casual mobile game market has grown rapidly in recent years, and technology, data analysis, and other abilities are in line with this market. In order to make the most of this market, we are more likely to buy or partners. We believe that this market is closely consistent with our customers' evolving demands, promoting the influence of the whirlwind of cost reduction, increasing adhesion, and diversifying the profit base. Masu.

In response to these changes in customer needs, we will carry out recruitment activities to expand the product market, and to increase partnerships to increase growth. For example, a partnership with McLaren offers a richer and attractive experience that F1 fans cannot be obtained elsewhere. The partnership with BT & amp; amp; verizon can help you provide you with innovative new experiences.

As technology continues to evolve, Entain's platform is uniquely positioned to enable exploration and innovation to deliver exciting and unique new products and experiences for our customers. To accelerate this, we have established the Ennovate Hub, a £100 million investment over three years. The Ennovate Hub will develop new products around AR/VR, 5G and edge computing, either directly or through funding incubators and accelerators. We will also work with multiple partners, including Verizon, BT and Theta Labs, to develop technologies and products that will drive new ecosystems within the metaverse. In addition, we support our commitment to environmental and social issues in Entain's Sustainability Charter and our global D& amp; amp; amp; group initiatives to increase technology and technology career opportunities.

Sustainability is at the heart of everything we do, and we believe that the most sustainable businesses will be the most successful businesses in our industry. Our Book Charter is the backbone of this approach and is built around four key principles: best-in-class corporate governance and investing in our people and communities.

We have made great strides over the past year on all four principles, many of which were showcased at our inaugural Sustain event in November. Globally, we are leading the industry in accountability, with our player protection revolution at the core of our approach. For Arc TM, we continue to make great strides in both real-time customer interaction testing and international development.

We were also recognised as the most admired company at the EGR Compensation of the Year and SBC North American Awards Socially Responsible Business of the Year, as well as continued inclusion in the FTSE4GOOD Index and Jones Jones Sustainability Index at today's annual awards.

Focus on regulated markets

By the end of 2023, it has been moving forward to the promise of gaining all revenue from the regulated market. As of the end of 2021, almost 100%of our NGRs are from regulatory markets or regulated markets, and Brazil, Canada and the Netherlands are the most important markets in regulations.

Protecting customers as a trusted entertainment provider is the basis of custome r-centered strategies. By conducting a business in a solid regulation system, the profits will be more clear and reliable, and ultimately will be sustainable and quality than untreated markets.

Even after withdrawing from several markets in November 2020, we will continue to monitor regulatory schedules in other jurisdictions, closely cooperate with related authorities, protect players and maintain the highest regulatory standards. It supports the construction of a strong framework. In October 2021, the Netherlands stopped trading while waiting for the license acquisition process.

Structured regulations that are actively cooperated with regulatory authorities and have a balance between the need to protect a small number of customers who may experience problems with a fair and open entertainment market. We support the environment. The UK is currently reviewing the 2005 Gambling Act (Gambling Act 2005). We have a large number of customers who protect the risks that are exposed to risks, control margins from the dark market, and enjoy betting and gaming as part of recreational activities. We contribute to this process with colleagues with colleagues directly or through Betting and Gaming Council to maintain the appropriate balance of the wel l-regulated market as entertainment.

In addition, as Esport's skil l-based betting regulations are growing globally, we are working with regulatory authorities around the world to support new regulations.

Initiatives for responsibility

Underlying EBITDAR 4

Protecting customers as a trusted entertainment provider is the basis of custome r-centered strategies. By conducting a business in a solid regulation system, the profits will be more clear and reliable, and ultimately will be sustainable and quality than untreated markets.

Underlying EBITDA 4

Structured regulations that are actively cooperated with regulatory authorities and have a balance between the need to protect a small number of customers who may experience problems with a fair and open entertainment market. We support the environment. The UK is currently reviewing the 2005 Gambling Act (Gambling Act 2005). We have a large number of customers who protect the risks of risks, control margins in the dark market, and enjoy betting and gaming as part of recreational activities. We contribute to this process with colleagues with colleagues directly or through Betting and Gaming Council to maintain the appropriate balance of the wel l-regulated market as entertainment.

In addition, as Esport's skil l-based betting regulations are growing globally, we are working with regulatory authorities around the world to support new regulations.

Initiatives for responsibility

Operating profit 5

Protecting customers as a trusted entertainment provider is the basis of custome r-centered strategies. By conducting a business in a solid regulation system, the profits will be more clear and reliable, and ultimately will be sustainable and quality than untreated markets.

Even after withdrawing from several markets in November 2020, we will continue to monitor regulatory schedules in other jurisdictions, closely cooperate with related authorities, protect players and maintain the highest regulatory standards. It supports the construction of a strong framework. In October 2021, the Netherlands stopped trading while waiting for the license acquisition process.

Structured regulations that are actively cooperated with regulatory authorities and have a balance between the need to protect a small number of customers who may experience problems with a fair and open entertainment market. We support the environment. The UK is currently reviewing the 2005 Gambling Act (Gambling Act 2005). We have a large number of customers who protect the risks of risks, control margins in the dark market, and enjoy betting and gaming as part of recreational activities. We contribute to this process with colleagues with colleagues directly or through Betting and Gaming Council to maintain the appropriate balance of the wel l-regulated market as entertainment.

In addition, as Esport's skil l-based betting regulations are growing globally, we are working with regulatory authorities around the world to support new regulations.

Initiatives for responsibility

Initiatives for responsibility

Underlying EBITDAR 4

Protecting customers as a trusted entertainment provider is the basis of custome r-centered strategies. By conducting a business in a solid regulation system, the profits will be more clear and reliable, and ultimately will be sustainable and quality than untreated markets.

Underlying EBITDA 4

Structured regulations that are actively cooperated with regulatory authorities and have a balance between the need to protect a small number of customers who may experience problems with a fair and open entertainment market. We support the environment. The UK is currently reviewing the 2005 Gambling Act (Gambling Act 2005). We have a large number of customers who protect the risks of risks, control margins in the dark market, and enjoy betting and gaming as part of recreational activities. We contribute to this process with colleagues with colleagues directly or through Betting and Gaming Council to maintain the appropriate balance of the wel l-regulated market as entertainment.

In addition, as Esport's skil l-based betting regulations are growing globally, we are working with regulatory authorities around the world to support new regulations.

As a leader in the world, we are working on the highest level of Gabanans in the entire business area, and the Board of Directors has been strengthened and activated this year. In March 2021, Mark Gregory was appointed independent director and chairman of the Reward Committee. The Board of Directors is currently composed of one chairman, three executive directors, and seven independent directors, with a ratio of 64 %: 36 %. < SPAN> The awar d-winning "Changing for the Bettor" has a comprehensive approach to customer protection through a safe betting gaming program, investing in research, education and treatment. In 2021, we started using groundbreaking AI technology, operating in real time, and began an arc TM that was personalized for each customer. This is built on the basics of academic research and designed so that it does not appear in the background when needed.

Operating profit 5

Protecting customers as a trusted entertainment provider is the basis of custome r-centered strategies. By conducting a business in a solid regulation system, the profits will be more clear and reliable, and ultimately will be sustainable and quality than untreated markets.

During the closing period of the COVID-19, we have expanded monitoring and protection indicators in consideration of the effects of customers, enhancing communication and messaging for all customers regarding the importance of safer betting and gambling.

Class's best corporate governance

As a leader in the world, we are working on the highest level of Gabanans in the entire business area, and the Board of Directors has been strengthened and activated this year. In March 2021, Mark Gregory was appointed independent director and chairman of the Reward Committee. The Board of Directors is currently composed of one chairman, three executive directors, and seven independent directors, with a ratio of 64 %: 36 %. Through the awar d-winning "Changing for the Bettor" secure betting gaming program, we have a comprehensive approach to protection, investing in research, education and treatment. In 2021, we started using groundbreaking AI technology, operating in real time, and began an arc TM that was personalized for each customer. This is built on the basics of academic research and designed so that it does not appear in the background when needed.

ARC TM uses advanced algorithms to identify signs of risks using 26 types of protection indicators, intervene as needed, and dialogue with customers, and use games such as betting restrictions and deceleration in play. Change and suppress marketing activities. Our initial exam results are very promising, with more than 80 % or more risk evaluation accuracy, the use of safe gambling tools by the most risky customers increases by 120 %, and the overall customer has increased the risk level. The % decrease.

Arc TM has been continuously improved by machine learning, and will continue to be improved in the future. The program, which was initially tried in the UK, is currently developing internationally.

During the closing period of the COVID-19, we have expanded monitoring and protection indicators in consideration of the effects of customers, enhancing communication and messaging for all customers regarding the importance of safer betting and gambling.

Class's best corporate governance

As a leader in the world, we are working on the highest level of Gabanans in the entire business area, and the Board of Directors has been strengthened and activated this year. In March 2021, Mark Gregory was appointed independent director and chairman of the Reward Committee. The Board of Directors is currently composed of one chairman, three executive directors, and seven independent directors, with a ratio of 64 %: 36 %.

With the goal of improving our corporate governance, the Group engaged an independent specialist firm, Alvarez & amp; Marsal (A& amp; M'), to carry out a comprehensive review of the Group's governance and compliance practices, "creating all the key components of a compliance framework to enable us to identify and manage compliance and regulatory risks across the board." process.

A great place to work and investing in our employees and communities

We want to be a great place to work, where our people can come to life, grow their careers and be empowered to do the right thing for our customers, colleagues and communities.

We actively promote an inclusive culture because we believe that the more diverse our colleagues are, the better our business will be and, importantly, the more we can represent our customers.

We are also evolving that flexibility further as a result of the Covid pandemic, recognising that the needs of our different teams and global offices are different. We want to continue to attract great talent and provide an environment where they can thrive. But the power of collaborative thinking and ideation, especially in a face-to-face environment, will remain a key element of how we do business, so we are evolving our workplace to allow us to evolve this flexible collaboration. We have completely renovated our offices in Stratford, London, to create the right collaborative environment for our employees. We will test and explore the learnings from this and use them to develop other offices.

We are committed to lightening our footprint on the planet and have already reduced our greenhouse gas emissions by 15% between 2018 and 2021. Last year, we pledged to achieve net zero carbon emissions by 2035, 15 years ahead of the goals of the Paris Agreement on Climate Change. This sees us formally joining the Science Based Targets initiative and demonstrating leadership in our field.

Our two foundations (Actain Foundation and Ondain US Foundation) continue to support problem gambling research, education initiatives aligned with our sustainable ambitions, and investments in communities and grassroots across our key markets. In November, we launched Pretrain, an initiative to provide access, education and technology to underrepresented groups across all sectors. Intrain has set an ambitious goal to increase diversity in tech and positively impact 1 million people by the end of the decade. This is based on partnerships with organizations like Girls Who Code, an international non-profit working to eliminate the gender gap in tech and redefine the image of developers. Entain Foundation will continue to leverage these partnerships throughout 2022.

Entain Foundation also continues to invest in grassroots sport through its Pitching in the Programme, working with the Trident League's Pitching in the Programme, which has 245 clubs and over 15, 000 community-based non-league football players. In addition to funding the league's operations, the Foundation is also a founding partner of the Trident Community Fund, enabling clubs to undertake projects that engage with local communities. In 2021, we also extended our long-term partnership with UK-based sports charity SportsAid, supporting 50 young athletes each year, providing coaching for personal development. We are also internationalizing our investment in grassroots sport, supporting projects in Italy, Greece and Colombia.

In Canada, we are deepening our exposure to sports brands with our recent acquisition of Avid Gaming, while Entain is now able to support the socio-economic efforts of the Mohawks of Kahnawa:KE through our deal with Mohawk Online.

Financial results and use of non-GAAP measures

avatar-logo

Elim Poon - Journalist, Creative Writer

Last modified: 27.08.2024

The upward momentum seen in Honasa's shares since the announcement of its Q1 results came to a halt this week. The stock declined % to end. Latest Board Meetings, Company Board Meetings, Forthcoming Board Meetings Audited Results & A.G.M.. Innovana. Add to Watchlist; Add to Portfolio. Auto Trader & MJ Gleeson: Stock market week ahead – September. A summary of key company announcements expected in the coming week. Auto.

Play for real with EXCLUSIVE BONUSES
Play
enaccepted