The company reports growth across all segments in Q3.

Main Developments

• Entain reports Q3 revenue increased 6% from last year.
• The company confirms it will meet FY revenue targets.
• Online business drives growth while retail stays level year-to-date.

Entain released Q3 2025 financial results today. Net gaming revenues (NGR) grew 6% in total. Q3 results beat what the company expected. Management confirmed full-year 2025 guidance. They predict revenues will rise 7% for the whole year.

Entain Q3 Performance

The company stays on course for yearly targets. NGR growth reached 7% year-to-date (3% without US operations). Online business pushed this growth up 9%. Retail stayed flat. Q3 online revenues jumped 8% from last year. Retail revenues grew 2% versus Q3 last year. Without US operations, online NGR rose 5% and retail NGR increased 3%.

Entain Performance Across Markets

UK & Ireland operations expanded 8% total. Online surged 15% while retail added 2%. Both regions met company forecasts. International NGR showed retail beating online with 6% growth versus 1%. Brazil dropped 11% and Australia fell 6%. Italy grew 6%. Spain, Canada, Austria, Greece and Georgia all hit double-digit increases year-on-year.

CEO Statement

Stella David, Entain CEO, commented: “Entain’s transformation moves forward quickly. Our strategic work and growing capacity create growth across our portfolio. We have more work ahead, but Q3 results prove our business quality and momentum. “[BetMGM] succeeds through better sports products and top iGaming options, plus improved player engagement. BetMGM achieves profitable growth and plans cash distributions to parents this year. Entain gets stronger while BetMGM grows profitably. We feel confident about delivering steady growth and producing over £0.5bn annual cash from 2028.” BetMGM, Entain’s US joint venture, announced Q3 revenue hit $667m yesterday. This marks 23% growth.

Q3 Developments

Entain completed the Group BetStation platform installation across UK & Ireland retail sites in Q3. More platform upgrades will follow. Andrew Vouris became the permanent CEO of Entain Australia and New Zealand. Q4 started with major moves. SuperSport and STST brands joined Beter’s betting offerings in Croatia and Poland. The company shut down TAB Racing Club this month.

Russel Pointon, Director, Consumer & Media at Edison Group, added: “Entain’s Q3 trading demonstrates steady performance despite tough economic conditions. Consumer spending stays tight in major markets. Non-US businesses achieved mid-single-digit NGR growth. This shows operational strength rather than rapid expansion. Customer-friendly sports results also limited growth. “BetMGM’s improved outlook encourages investors. Cash distributions signal progress, though earnings impact stays small in the near-term. Unchanged guidance won’t shift market views much. Entain keeps focusing on costs and cash generation.”