REG - Entain PLC - Acknowledgement of UK Gambling Act Review

EntainAnnouncement

27/04/2023 12:15

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RNS Number : 7323X  Entain PLC  27 April 2023

For Immediate Release

27 April 2023

Entain plc

 

Acknowledgement of UK Gambling Act Review publication

 

Entain plc (LSE: ENT), the global sports betting, gaming, and interactive
entertainment group ("Entain"), welcomes the publication of the review of the
UK Gambling Act 2005 by the UK Government's Department for Culture, Media and
Sports ("DCMS").

 

The review contains an extensive set of proposals, many of which align with
actions that Entain has already implemented. However, it requires
comprehensive assessment and analysis, and a more detailed response will be
provided as soon as is practical.

 

Jette Nygaard-Andersen, Entain's CEO, commented:

 

"The UK Gambling Act Review is an important step towards having a robust
regulatory framework that is fit for the digital age and creates a level
playing field for all operators. We welcome the clarity that it will bring to
the industry and customers. In leading the industry on player protection, we
have already implemented a comprehensive range of actions to protect our
customers, such as our industry-leading Advanced Responsibility and Care safer
gaming programme, personalised online slots staking limits, and the
implementation of an affordability model across the UK.  We are also
extremely proud to have led the industry in 2019 by voluntarily agreeing to
increase our levy donations to 1% of our UK gross gaming revenues.

 

As a global and diversified business that operates in over 40 territories
around the world, all of which are regulated or regulating, we are firmly in
favour of regulation that preserves the market for the vast majority of
customers who enjoy recreational betting and gaming, whilst also ensuring
appropriate protection to all players."

 

 

Enquiries:

 Investor Relations - Entain plc                           investors@entaingroup.com (mailto:investors@entaingroup.com)

 David Lloyd-Seed, Chief IR & Communications Officer       david.lloyd-seed@entaingroup.com (mailto:david.lloyd-seed@entaingroup.com)

 Davina Hobbs, Head of Investor Relations                  davina.hobbs@entaingroup.com (mailto:davina.hobbs@entaingroup.com)

 Aimee Remey, VP US Investor Relations                     aimee.remey@entaingroup.com (mailto:aimee.remey@entaingroup.com)

 Callum Sims, IR Manager                                   callum.sims@entaingroup.com (mailto:callum.sims@entaingroup.com)

 Media - Entain plc                                        media@entaingroup.com (mailto:media@entaingroup.com)

 Lisa Attenborough, Head of Corporate Communications       lisa.attenborough@entaingroup.com (mailto:lisa.attenborough@entaingroup.com)

 Jay Dossetter, Head of Corporate PR                       jay.dossetter@entaingroup.com (mailto:jay.dossetter@entaingroup.com)

 Jodie Hitch, PR Manager                                   Jodie.hitch@entaingroup.com (mailto:Jodie.hitch@entaingroup.com)

 Powerscourt                                               Tel: +44 (0) 20 7250 1446

 Rob Greening/Nick Hayns/Sam Austrums                      entain@powersco (mailto:entain@powerscourt-.com) urt-group.com
                                                           (mailto:entain@powerscourt-.com)

 

 

 

About Entain plc

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest
sports betting and gaming groups, operating both online and in the retail
sector. The Group owns a comprehensive portfolio of established brands; Sports
brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds,
Sportingbet, Sports Interaction and SuperSport; Gaming brands include Foxy
Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino.
The Group owns proprietary technology across all its core product verticals
and in addition to its B2C operations provides services to a number of
third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and
iGaming in the US. Entain provides the technology and capabilities which power
BetMGM as well as exclusive games and products, specially developed at its
in-house gaming studios. The Group is tax resident in the UK and is the only
global operator to exclusively operate in domestically regulated or regulating
markets operating in over 40 territories.

Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by
MSCI. The Group has set a science-based target, committing to be carbon net
zero by 2035 and through the Entain Foundation supports a variety of
initiatives, focusing on safer gambling, grassroots sport, diversity in
technology and community projects. For more information see the Group's
website: www.entaingroup.com (http://www.entaingroup.com)

LEI: 213800GNI3K45LQR8L28

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