Entain will exit any markets “where it no longer sees a path to domestic regulation”, the business announced.
Entain announced plans in 2020 for all of its revenue to come from locally regulated markets, and said that it intends to be 100% regulated by the end of 2023. While it withdrew from many unregulated markets in the following years, it remained in certain jurisdictions that it described as “regulating”, such as Brazil.
Now, Entain has said it will “accelerate this process by exiting its few remaining markets where there is no clear path to market liberalisation via domestic regulation”. However, it will remain in “a small number of markets where it expects changes in regulation will enable it to obtain domestic licenses in due course”.
