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12.08.25 - 14:54
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US joint venture BetMGM helps Entain to beat expectations (The Guardian)
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Summer football and tennis deliver for UK gambling group as it braces for looming tax risesBusiness live – latest updatesA flurry of bets on the football Club World Cup and summer tennis tournaments helped the UK gambling company Entain to better-than-expected results, helping it brace for looming tax rises in its domestic market.The owner of brands including Ladbrokes and Coral reported an 11% rise in underlying profits to £583m in the first half of the year, on revenues that rose 3% to nearly £2.6bn. Continue reading......
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05.08.25 - 22:09
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The Baldwin Group Announces Second Quarter 2025 Results (Business Wire)
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— Total Revenue Growth of 11% to $378.8 Million; Organic Revenue Growth(1) of 11% —
— Net Loss of $5.1 Million and Diluted Loss Per Share of $0.05; Adjusted Diluted EPS(2) Growth of 24% to $0.42 —
— Adjusted EBITDA(3) Growth of 14% Year-Over-Year to $85.5 Million and Adjusted EBITDA Margin(3) of 23%; 60 Basis Point Expansion Compared to the Prior-Year Period —TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BWIN), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial clients, today announced its results for the second quarter ended June 30, 2025.
SECOND QUARTER 2025 HIGHLIGHTS
Total revenue increased 11% year-over-year to $378.8 million
Organic revenue growth of 11% year-over-year
GAAP net loss of $5.1 million and GAAP diluted loss per share of $0.05
Adjusted net income(2) of $49.5 million
Adjusted diluted EPS grew 24% year-o...
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