LADBROKES OWNER ENTAIN SEES 2024 PROFIT AT TOP END OF FORECAST

British gambling group Entain expects 2024 core profit to be at the top end of its forecast range, it said on Monday, helped by favourable sports results in the fourth quarter in the UK and Ireland.

The company's shares rose nearly 9% in early trade, with analysts at Jefferies saying the reiteration of full-year guidance for both Entain and its U.S. BetMGM business should be a positive catalyst.

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