Ladbrokes owner Entain sees higher quarterly online gaming revenue

(Reuters) – Entain on Thursday forecast its fourth-quarter online gaming revenue to improve on the prospect of the soccer World Cup set to start next month, while the British gambling firm also reported a marginal rise in its total net gaming revenue.

Entain, which owns Ladbrokes (LON:) and Coral betting shops as well as bwin and partypoker online brands, said total revenue rose 2% in the three-month period ended Sept. 30, but was flat on a constant-currency basis.

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