Entain’s New Zealand business continues to see significant year-on-year growth but challenges in the Australian market dragged on the global company’s international profitability across the first three months of 2025.
Entain, headquartered in London and publicly listed, released its firstquarter results earlier this week, with a broadly positive 11 per cent growth in its global net gaming revenue.
The results, powered by continued strong returns in the United States, where it operates a joint venture with BetMGM, led to a 12 per cent surge in the company’s share price over the past five days, recovering many of the losses achieved since March.
The sudden departure of chief executive Gavin Isaacs in February after just five months had clearly created concerns, but the decision to permanently appoint interim boss Stella David to the role permanently has been seen as a significant positive for a company which has been in a state of executive flux at a global level since Jette Nygaard-Andersen left in December 2023.
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