Winter World Cup betting spree fuels £1bn profit at Ladbrokes owner

Entain says £995m pre-tax profit forecast boosted by record number of customers in final months of 2022

The owner of gambling brands Ladbrokes and Coral has raised its annual profit forecast after it benefited from customers betting on the men’s football World Cup.

Entain said it had seen a record number of customers in the final three months of 2022, an increase of 14% compared with a year earlier.