Entain reported a five percent increase in net gaming revenue for the second quarter of 2026, reaching £2.5bn on August 13. The growth was primarily generated by the UK and Ireland division, while underlying EBITDA decreased slightly to £479.3m.
The operator's underlying operating profit fell ten percent to £318.9m, though the loss after tax narrowed significantly to £11.4m compared to £85.8m in the previous period. In the core UK and Ireland market, net gaming revenue rose eight percent. Online revenue grew thirteen percent and retail revenue increased two percent.
Within the igaming sector, online casino revenue climbed thirteen percent and sports betting revenue grew eleven percent. Entain noted that first-time depositors during the World Cup tournament were double the number recorded in 2022.
Regional Performance and Strategic Updates
International markets showed varied results. Australia recorded a thirteen percent rise in online net gaming revenue. Canada, New Zealand, and Spain delivered double-digit online growth of eleven percent, twenty-one percent, and twenty-eight percent, respectively.
Italy saw a two percent overall increase, driven by online gains that offset a slight retail decline. Brazil experienced a twenty-five percent revenue drop due to margin issues, although sports betting volume rose ten percent in the first half of the year. CEO Stella David stated: "We have continued to take decisive strategic actions to deliver shareholder value, including our phased exit of Entain CEE."
Entain has initiated a phased exit from its Central and Eastern Europe division to simplify its structure and reduce debt. The company is divesting its stake in the SuperSport and STS joint venture. Additionally, the operator confirmed plans to cut 500 roles to mitigate the financial impact of rising taxes.