Entain PLC (LSE:ENT)

£ 7.618 0.138 (1.84%) Market Cap: 4.87 Bil Enterprise Value: 8.13 Bil PE Ratio: 0 PB Ratio: 2.31 GF Score: 66/100

Entain PLC Business Update Transcript

Dec 04, 2023 / 04:00PM GMT

Release Date Price: £7.97 (-1.39%)

Transcript

Operator

Good day and welcome to the 2023 BetMGM Business Update. Joining from the company today are Adam Greenblatt, Chief Executive Officer; and Gary Deutsch, Chief Financial Officer. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to turn the call over to Adam Greenblatt.

Adam Greenblatt

Entain plc - CEO, BetMGM

Good morning, everyone. Thank you for joining today's call. It's a real pleasure to be here with you as we reflect on our accomplishments of 2023 and discuss how executing against our strategic plan is delivering an exciting future for BetMGM.

Our performance in '23 is another example of our commitment to delivering on our promises. In the four short years since we launched BetMGM, we've established ourselves as one of the leaders in this fast-growing, highly competitive industry. Our products are now available in 28 markets and at 38 retail sportsbooks. In 2023, we launched online sports betting in four new markets, expanding our footprint into Ohio, Massachusetts, Puerto Rico, and

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