Entain has seen retail in-store trade surpass forecasts, but the gambling group has warned that annual online revenue is set to flatline.
The Foxy Bingo and Ladbrokes owner reported that overall net gaming revenue rose by 18 per cent in the first half of 2022 as British betting shops benefited from a lack of operating restrictions.
Turnover from the company's high street stores jumped a colossal 243 per cent during the period, exceeding pre-pandemic levels in the second quarter thanks to strong demand for gaming and self-service betting terminals.
Growth: The Ladbrokes owner reported that overall net gaming revenue rose by 18 per cent in the first half of 2022 as British betting shops benefited from a lack of operating restrictions
Bookmakers and other gambling businesses were forced to temporarily close their retail establishments for much of the Covid-19 pandemic in order to stem the spread of the disease.
This inevitably caused them a significant loss in trade, but had the upside effect of driving punters to place digital bets, and Entain went on to achieve 23 successive quarters of double-digit percentage expansion in online revenue. 
Yet as restrictions have loosened, the London-listed firm, whose brands also include Coral, 스핀카지노 Sportingbet and Bwin, has been hit by a slowdown in internet gambling as customers have returned to high street outlets an
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. RELATED ARTICLES Share this article Share Its first-half digital revenues were still 13 per cent higher on a constant currency basis against the equivalent period in 2019, but down 7 per cent on

.The group, formerly known as GVC Holdings, additionally blamed the shutdown of its Netherlands business, economic pressures and stricter affordability measures in the UK for the d
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