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Super Bowl Picks – Kansas City Chiefs Vs Philadelphia Eagles admin
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NFL Wildcard Weekend – Sea at SF, LAC at Jac, Mia at Buf, NYG at Min, Bal at Cin, Dal at TB admin
The company’s B2B operations are facing increasing headwinds, as evidenced by a significant 30% YoY decline in revenues, which now stand at $9.9m. Despite this setback, CEO Dermot Smurfit remains optimistic, highlighting the “continued strength” in the company’s international B2C segment. This segment reported a 15% increase in revenue, bringing the figure to $23.9m. As a result, the overall revenue decline for the company was limited to just over 3%, with total revenues amounting to $33.8m.
However, the financial challenges are further underscored by the company’s adjusted EBITDA. The latest figures reveal a loss of $2m, a stark contrast to the profit of $1.3m reported during the same period last year.
In light of these financial results, the company has indicated that it has received “indications of interest” for either a portion or the entirety of its business operations. A board committee has been established to assess these non-binding offers, signaling potential strategic shifts or restructuring in the company’s future.
Entain’s Management Addresses Historical Issues and Future StrategyEntain’s chairman, Barry Gibson, has been making concerted efforts to distance the current management of Entain from the previous management team at GVC. […]
