Latest news with #Entain
Courier-Mail
2 days ago
- Business
- Courier-Mail
Shannon steps down as Entain Australia boss
Don't miss out on the headlines from Horse Racing. Followed categories will be added to My News. Entain Australia boss Dean Shannon has announced he is stepping down from his role at the helm of the business from June 30. Shannon, a pioneer and highly respected figure in wagering circles, said the decision to depart was to allow Entain Australia and New Zealand the chance to enter a new phase, declaring 'it was the right time for change'. During Shannon's tenure as the boss of Entain Australia, returns to industry from the organisation have flourished, securing partnerships north of $50 million, with wagering brands Ladbrokes and Neds at the forefront of some of the three racing code's major events and initiatives. • PUNT LIKE A PRO: Become a Racenet iQ member and get expert tips – with fully transparent return on investment statistics – from Racenet's team of professional punters at our Pro Tips section. SUBSCRIBE NOW! In announcing the departure, Stella David, Group CEO of Entain, thanked Shannon for his service. 'We thank Dean for his significant contribution to Entain, and for managing the Australian and New Zealand businesses,' David said. 'The growth and integration of Neds and Ladbrokes into our global portfolio of podium position brands has been a particular highlight and he has more recently delivered what we believe is a market leading compliance program in Australia. 'As the Australian business enters its next phase, we will continue to demonstrate our commitment to compliance and responsibly deliver great products to our customers.' After news of Shannon's departure broke, some of racing's most influential figures spoke out, including Racing NSW supremo Peter V'landys AM and Aaron Morrision, CEO of Racing Victoria. 'If you look at the form guide on Dean Shannon it speaks for itself,' V'landys said. 'No one has been more successful, both personally and through Ladbrokes. His success was extraordinary to say the least. 'I hope that he stays involved in the industry as he is a one of a kind innovator and an asset the industry desperately needs.' It was a sentiment supported by Morrison. Racing NSW boss Peter V'landys (left) and Racing Victoria CEO Aaron Morrison (right) 'Dean has made an enormous contribution to racing and wagering in Australia and New Zealand,' Morrison said. 'He's a visionary with an exceptional mind and undeniable passion. He understands what makes racing and punters tick and as a result he's been tremendous to work with. 'I thank him for his support of Victorian racing and wish him every success in his future endeavours.' With Shannon set to depart at the end of the month, respected wagering figure Andrew Vouris has been appointed Interim CEO. Vouris brings a wealth of knowledge into the role, boasting more than 17 years of leadership experience in wagering, operations and innovation at some of Australia's biggest wagering operators, including Tabcorp and Entain. In his time at Tabcorp, Vouris played a key role in managing complex regulatory and compliance matters, including the response to Tabcorp's AUSTRAC proceedings in 2017. Shannon's departure comes as Entain Australia reaches the pointy end of its own legal fight with AUSTRAC, taken to Federal Court over alleged breaches of 'serious non-compliance with Australia's money laundering laws.' Interim Entain Australia boss Andrew Vouris. READ: 'He runs times that other horses can't': Lee brothers' next big hope The exit of Shannon from the business draws the curtain on a 13-year association with the Ladbrokes brand. Back in 2012, Shannon launched start-up corporate bookmaker before selling it a year later to Ladbrokes which served as the international brand's entry point into the robust Australian market. Five years later, Shannon then founded which found a niche market in sports and racing betting, before it was also sold to the owner's of Ladbrokes, consolidating its place in the Australian wagering market. Part of the Neds transaction in 2017 saw Shannon take the reins as boss of the Australian business for Entain where it has enjoyed significant market growth during that time. Entain Australia has commenced the search for a permanent CEO. Originally published as Respected wagering identity Dean Shannon steps down as boss of Entain Australia
News.com.au
2 days ago
- Business
- News.com.au
Respected wagering figure Dean Shannon steps down as boss of Entain Australia
ENTAIN Australia boss Dean Shannon has announced he is stepping down from his role at the helm of the business from June 30. Shannon, a pioneer and highly respected figure in wagering circles, said the decision to depart was to allow Entain Australia and New Zealand the chance to enter a new phase, declaring 'it was the right time for change'. During Shannon's tenure as the boss of Entain Australia, returns to industry from the organisation have flourished, securing partnerships north of $50 million, with wagering brands Ladbrokes and Neds at the forefront of some of the three racing code's major events and initiatives. • PUNT LIKE A PRO: Become a Racenet iQ member and get expert tips – with fully transparent return on investment statistics – from Racenet's team of professional punters at our Pro Tips section. In announcing the departure, Stella David, Group CEO of Entain, thanked Shannon for his service. 'We thank Dean for his significant contribution to Entain, and for managing the Australian and New Zealand businesses,' David said. 'The growth and integration of Neds and Ladbrokes into our global portfolio of podium position brands has been a particular highlight and he has more recently delivered what we believe is a market leading compliance program in Australia. 'As the Australian business enters its next phase, we will continue to demonstrate our commitment to compliance and responsibly deliver great products to our customers.' With Shannon set to depart at the end of the month, respected wagering figure Andrew Vouris has been appointed Interim CEO. Vouris brings a wealth of knowledge into the role, boasting more than 17 years of leadership experience in wagering, operations and innovation at some of Australia's biggest wagering operators, including Tabcorp and Entain. In his time at Tabcorp, Vouris played a key role in managing complex regulatory and compliance matters, including the response to Tabcorp's AUSTRAC proceedings in 2017. Shannon's departure comes as Entain Australia reaches the pointy end of its own legal fight with AUSTRAC, taken to Federal Court over alleged breaches of 'serious non-compliance with Australia's money laundering laws.' The exit of Shannon from the business draws the curtain on a 13-year association with the Ladbrokes brand. Back in 2012, Shannon launched startup corporate bookmaker before selling it a year later to Ladbrokes which served as the international brand's entry point into the robust Australian market. Five years later, Shannon then founded which found a niche market in sports and racing betting, before it was also sold to the owner's of Ladbrokes, consolidating its place in the Australian market. Part of the Neds transaction in 2017 saw Shannon take the reins as boss of the Australian business for Entain where it has enjoyed significant market growth during that time. Entain Australia has commenced the search for a permanent CEO.
AU Financial Review
2 days ago
- Business
- AU Financial Review
Entain boss Dean Shannon to depart ahead of AUSTRAC remediation
Dean Shannon, chief executive of the British bookmaker behind Ladbrokes and Neds, will step down at the end of the month in an attempt to improve the business relationship with the financial crimes watchdog. London-listed Entain faces hundreds of millions of dollars in fines for alleged breaches of Australian anti-money laundering laws between 2018 and last year.
Yahoo
28-05-2025
- Business
- Yahoo
UK Stocks Trading Below Estimated Value In May 2025
Amidst ongoing concerns about China's economic recovery and its ripple effects on global markets, the FTSE 100 and FTSE 250 indices in the United Kingdom have faced downward pressure, reflecting broader uncertainties. In such a volatile environment, identifying stocks that are trading below their estimated value can offer potential opportunities for investors looking to navigate through market fluctuations. Name Current Price Fair Value (Est) Discount (Est) Aptitude Software Group (LSE:APTD) £2.79 £5.13 45.6% Victrex (LSE:VCT) £7.98 £15.44 48.3% SDI Group (AIM:SDI) £0.71 £1.36 48% Informa (LSE:INF) £7.96 £14.50 45.1% Just Group (LSE:JUST) £1.486 £2.95 49.7% Duke Capital (AIM:DUKE) £0.2875 £0.53 45.4% Huddled Group (AIM:HUD) £0.0305 £0.06 49.1% Entain (LSE:ENT) £7.466 £13.75 45.7% Vistry Group (LSE:VTY) £6.24 £11.39 45.2% Deliveroo (LSE:ROO) £1.754 £3.04 42.4% Click here to see the full list of 53 stocks from our Undervalued UK Stocks Based On Cash Flows screener. We're going to check out a few of the best picks from our screener tool. Overview: CVS Group plc operates in veterinary services, pet crematoria, online pharmacy, and retail sectors, with a market cap of £886.71 million. Operations: The company's revenue is primarily derived from its veterinary practices (£600.50 million), online retail business (£48.50 million), laboratories (£30.90 million), and crematoria services (£12.20 million). Estimated Discount To Fair Value: 32.5% CVS Group appears undervalued, trading 32.5% below its estimated fair value of £18.32, with a current price of £12.36. Despite lower profit margins compared to last year, the company's earnings are projected to grow significantly at 24.3% annually over the next three years, outpacing the UK market average growth rate of 14.5%. However, interest payments are not well covered by earnings, which may pose financial risks despite strong revenue forecasts and analyst optimism about future price increases. Our growth report here indicates CVS Group may be poised for an improving outlook. Click here to discover the nuances of CVS Group with our detailed financial health report. Overview: Just Group plc offers a range of retirement income products and services to individuals, homeowners, and corporate clients in the United Kingdom, with a market cap of £1.54 billion. Operations: Just Group's revenue primarily stems from its diverse offerings in retirement income solutions tailored for individuals, homeowners, and corporate clients across the UK. Estimated Discount To Fair Value: 49.7% Just Group is trading at £1.49, significantly below its estimated fair value of £2.95, indicating potential undervaluation based on cash flows. Despite a drop in profit margins to 3.2% from 6.3% last year and net income falling to £80 million, earnings are forecasted to grow at 19.7% annually, surpassing the UK market average of 14.5%. Recent dividend approval highlights ongoing shareholder returns amidst robust revenue growth projections of 29% per year. According our earnings growth report, there's an indication that Just Group might be ready to expand. Click to explore a detailed breakdown of our findings in Just Group's balance sheet health report. Overview: W.A.G payment solutions plc operates an integrated payments and mobility platform targeting the commercial road transportation industry in Europe, with a market cap of £452.68 million. Operations: The company generates revenue primarily from its Payment Solutions segment, which accounts for €2.11 billion, and its Mobility Solutions segment, contributing €125.57 million. Estimated Discount To Fair Value: 24.3% W.A.G payment solutions is trading at £0.66, below its estimated fair value of £0.87, highlighting potential undervaluation based on cash flows. Despite a forecasted revenue decline of 71.6% annually over the next three years, earnings are expected to grow significantly at 34.7% per year, outpacing the UK market average growth rate. Recent guidance suggests low-teen net revenue growth for 2025, and a special dividend of 3 pence per share has been proposed pending shareholder approval. Our comprehensive growth report raises the possibility that W.A.G payment solutions is poised for substantial financial growth. Delve into the full analysis health report here for a deeper understanding of W.A.G payment solutions. Explore the 53 names from our Undervalued UK Stocks Based On Cash Flows screener here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:CVSG LSE:JUST and LSE:WPS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
3 UK Stocks Estimated To Be 29.8% To 42.4% Below Intrinsic Value
The United Kingdom's stock market, particularly the FTSE 100 index, has recently faced challenges due to weak trade data from China, highlighting concerns about global economic recovery. Amid this uncertain environment, identifying undervalued stocks becomes crucial for investors seeking potential opportunities; these are stocks trading below their intrinsic value despite broader market pressures. Name Current Price Fair Value (Est) Discount (Est) Aptitude Software Group (LSE:APTD) £2.78 £5.13 45.8% Informa (LSE:INF) £7.87 £15.23 48.3% Victrex (LSE:VCT) £7.82 £15.42 49.3% SDI Group (AIM:SDI) £0.72 £1.37 47.3% Duke Capital (AIM:DUKE) £0.2875 £0.53 45.4% Franchise Brands (AIM:FRAN) £1.44 £2.50 42.4% Huddled Group (AIM:HUD) £0.0305 £0.06 49.1% Vistry Group (LSE:VTY) £5.902 £11.29 47.7% Entain (LSE:ENT) £7.316 £13.66 46.4% Burberry Group (LSE:BRBY) £9.618 £16.80 42.7% Click here to see the full list of 54 stocks from our Undervalued UK Stocks Based On Cash Flows screener. Let's take a closer look at a couple of our picks from the screened companies. Overview: Franchise Brands plc operates in franchising and related activities across the United Kingdom, Ireland, North America, and Continental Europe with a market capitalization of £277.25 million. Operations: The company's revenue segments consist of Azura (£0.81 million), Pirtek (£63.91 million), B2C Division (£5.75 million), Filta International (£25.60 million), and Water & Waste Services (£46.05 million). Estimated Discount To Fair Value: 42.4% Franchise Brands appears undervalued, trading at £1.44, significantly below its estimated fair value of £2.5. Recent earnings reports show a robust net income increase to £7.28 million from the previous year's £2.99 million, with earnings per share also more than doubling. While revenue growth is moderate at 7.4% annually, profit growth outpaces the UK market with forecasts of 29.4% per year over the next three years, highlighting strong cash flow potential despite slower revenue expansion relative to profit increases. According our earnings growth report, there's an indication that Franchise Brands might be ready to expand. Dive into the specifics of Franchise Brands here with our thorough financial health report. Overview: Nichols plc, with a market cap of £465.76 million, supplies soft drinks to the retail, wholesale, catering, licensed, and leisure industries across the United Kingdom and internationally including regions such as the Middle East and Africa. Operations: The company's revenue is primarily derived from its Packaged segment, which accounts for £132.82 million, and its Out of Home segment, contributing £39.99 million. Estimated Discount To Fair Value: 29.8% Nichols is trading at £12.75, well below its estimated fair value of £18.17, indicating potential undervaluation based on cash flows. Despite a modest revenue increase to £39.3 million in Q1 2025, Nichols' earnings are expected to grow faster than the UK market at 14.8% annually, supported by strategic shifts and the strength of its Vimto brand. However, challenges include an unstable dividend history and recent executive changes affecting leadership stability. The analysis detailed in our Nichols growth report hints at robust future financial performance. Navigate through the intricacies of Nichols with our comprehensive financial health report here. Overview: Victorian Plumbing Group plc is an online retailer specializing in bathroom products and accessories for both B2C and trade customers in the United Kingdom, with a market cap of £256.59 million. Operations: Victorian Plumbing Group plc generates revenue by selling bathroom products and accessories online to both consumer and trade markets within the UK. Estimated Discount To Fair Value: 35.4% Victorian Plumbing Group is trading at £0.78, below its estimated fair value of £1.21, highlighting potential undervaluation based on cash flows. Recent earnings showed a sales increase to £152.7 million for H1 2025, though net income slightly decreased to £4.1 million from the previous year. Despite this, earnings are forecast to grow significantly at 29.9% annually over the next three years, outpacing market averages and supported by strong future revenue growth expectations and high return on equity forecasts. In light of our recent growth report, it seems possible that Victorian Plumbing Group's financial performance will exceed current levels. Click here and access our complete balance sheet health report to understand the dynamics of Victorian Plumbing Group. Click through to start exploring the rest of the 51 Undervalued UK Stocks Based On Cash Flows now. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:FRAN AIM:NICL and AIM:VIC. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
