Entain cashes in on betting surge to record revenue gain

Chelsea beat PSG in the Fifa Club World Cup final. Photo: AP

Entain, owner of Coral and Ladbrokes, has said there was a surge in online gaming around recent sporting events such as Wimbledon and the men’s football Fifa Club World Cup.

The sports-betting giant reported total net gaming revenues – the amount of money it pockets after paying out winnings to customers – of £2.6bn (€3bn) for the first six months of the year, excluding its operations in the US.

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