Entain's online gambling growth slows but betting shops rebound


FILE PHOTO: A pedestrian walks past a branch of Ladbrokes in London, Britain December 22, 2017. REUTERS/Simon Dawson

(Reuters) -British gambling firm Entain's online betting revenue fell in the fourth quarter after nearly six years of double-digit growth, though activity at its shops bounced back as COVID restrictions were lifted, it said on Thursday.

Entain, which owns Ladbrokes and Coral betting shops and the bwin and partypoker online brands, also said it was tightening its outlook for annual core earnings to 875 to 885 million pounds ($1.2 billion) from 850 to 900 million pounds previously.

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