Club World Cup and summer tennis bring in the bets for Entain
by Rob Davies from on (#6Z8Z2)
Gambling group delivers better-than-expected half-year results, helping it to brace for looming tax rises
A flurry of bets on the football Club World Cup, England's triumphant European Women's Championship campaign and summer tennis tournaments helped the UK gambling company Entain to better-than-expected results, helping it brace for looming tax rises in its domestic market.
The owner of brands including Ladbrokes and Coral reported an 11% rise in underlying profits to 583m in the first half of the year, on revenues that rose 3% to nearly 2.6bn.
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