Reporting Q1 results, BetMGM co-owner Entain targets bigger UK market share amid tax shake-up

Thursday, April 16, 2026 7:47 PM
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  • Rob Fletcher, Next.io

Entain said it sees an opportunity to capture additional share in the UK as recent tax changes reshape competitive dynamics in the market, despite the group posting only modest top-line growth during Q1.

In a trading update, Entain said net gaming revenue (NGR) in the three months to 31 March was 3% higher than 2025. This, the group added, was in line with expectations for the period and driven by online growth.

Group online revenue was 5% higher year-on-year with growth reported across almost all core operating regions, though retail revenue was down 3% amid declines across all markets.

Entain noted that stronger underlying volume growth was partly offset by softer sports margins during the quarter, reflecting customer-friendly results.