According to the Entain success in 2021, it was quite obvious that 2022 wouldn’t be less profitable. The gaming company has faced a 31% increase in the first quarter of 2022. The company has published a financial report, which only confirms the rapid growth of profits throughout 2022. Find more news on the GBC Time website.
Among the main markets, where Entain actively offers its products and services are the UK, Ireland, Italy, Latvia, and Poland. However, the financial success included some difficulties as well. The company reported that online gambling decreased by 10%. Moreover, online betting was also lower by 7%.
Entain also states that the dominant factor in its income increase is BetMGM – an online betting platform. According to BetMGM’s controlled online betting market share of 29%, it becomes clear why the company values this particular operator so much.
Read more: How does cryptocurrency work?
Read more: Ethereum: price predictionRead More