🟢 Entain is trading 4.18% up today following BetMGM’s stronger Q3 results

Entain is trading at £453.30, up 4.18%, with market coverage linking the October 21 rise to BetMGM’s Q3 results.

• BetMGM’s October 13 update showed revenue up 7% to $710 million and adjusted EBITDA up 112% to $86 million; the joint venture distributed $68 million to its parents.
• Entain’s October 15 trading update and analyst assessments also featured in coverage, but reports specifically pointed to BetMGM’s results as a driver.