Looks like I owe an apology to the regultors!
Suet |
Well the detail of this investigation is rather vague, but this announcement on the FRC website suggests that Entain themselves are not being investigated.
"The investigation does not relate to any persons or entities other than the relevant Statutory Auditor(s) and/or Statutory Audit Firm(s) and it would not be fair to treat any part of this announcement as constituting or evidencing an investigation into any other persons or entities." |
They should simply delist here-wtf does the FCA hope to achieve except damage the London new listings prospects even further. |
Lots of negative news following this company |
The information wasn't issued via a RNS though (yet) so the information should not be considered price sensitive by the market. |
yep very frustrating that the FRC can issue this sort of statement which will always negatively impact the share price If they are investigating kpmg are they investigating ent as well? imo they could have been much more precise on the facts of the case.
But what can we expect from regulators......
Suet |
Trouble is : is that good news or bad news for Entain? |
hxxps://www.marketscreener.com/news/latest/UK-watchdog-to-investigate-KPMG-audit-of-Entain-s-financials-48809723/ |
BetMGM Secures Exclusive Online Casino Content Rights To "Family Feud" and "The Price is Right" With Fremantle Partnership |
d
The company is growing strongly, just a shame about the value.
dyor |
Massive wins for the USA bookies with the lions getting beat earlier. |
Not sure but the shower here working for the parasite financial lot, criticised him/her/they every time it was posted. |
Who was the poster who used to report the number of tweets _ as a measure of how well the US business was doing |
So when we announced better figures we did not move, so corrupt. |
Agree, EVOK up 8% thus far............... |
twh - spot on. Evoke up nicely this am.
ent following.
Suet |
When one company reassures the market they rise 15%.
When another reassures/
When another does it remains unchanged.
One linked to the US the other not.
Unfortunately they will get what they want ever since HB said there is more
than one way to skin a cat. |
Do not panic. William Hills results tomorrow after 13 weeks of consecutive upsets in the Premier League will surprise a few and lift all boats. At this point Billy H will see the big picture and buy the lot, entain, and sell back Ladbrokes & Coral to the highest bidder and get most of his money back & disappear off down the Strip. |
A complete nonsense. |
Srp....Yes we are all unhappy but pls calm down. Otherwise you will have heart issues or even a mental breakdown. I mean talking about Flutter buying Entain....That will never happen. |
Here we go as the US wake up down we go. Stinks anyone else unhappy here with share price or are you all in on it? |
It
I have been saying this for ages by 2027 Entain will be US positive with ten billion dollars value. With £1bn plus from the Entain business. We should be 2000p. That is why we are being held down and have been destroyed to 630p. Flutter will buy Entain break up and sell US to Diller. Stinks to high heaven, call an EGM now and demand a US listing before this corruption continues. I demand an EGM now. Dyor |
To the point on DK..their guidance is for c500m EBITDA on NGR of c5b 2024...ten percent margin
Betmgm EBITDA is -250 on NGR of 2bn..although claims underlying EBITDA is 500m..ten percent would be 200m..
Seems to me Betmgm could be worth 40% of DK..more than the Valuation of Entain.. which makes 1bn EBITDA..where's the logic.. |
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