Entain Plc (GMVHY) Q3 2025 Sales Call Transcript

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Entain Plc (OTCPK:GMVHY) Q3 2025 Sales Call October 15, 2025 4:00 AM EDT

Company Participants

Stella David – CEO & Non-Executive Director
Rob Wood – Deputy CEO, CFO & Executive Director

Conference Call Participants

Edward Young – Morgan Stanley, Research Division
Estelle Weingrod – JPMorgan Chase & Co, Research Division
Monique Pollard – Citigroup Inc., Research Division
Pravin Gondhale – Barclays Bank PLC, Research Division
Benjamin Shelley – UBS Investment Bank, Research Division
Adrien de Saint Hilaire – BofA Securities, Research Division
Richard Stuber – Deutsche Bank AG, Research Division
David Brohan – Goodbody Stockbrokers UC, Research Division
Andrew Tam – Rothschild & Co Redburn, Research Division

Presentation

Operator

Good morning, all, and thank you for joining us for the Entain Group 2025 Q3 Trading Update. My name is Carly, and I will be coordinating the call today. [Operator Instructions].

I’ll now hand over to our host, Stella David, CEO. Please go ahead.

Stella David
CEO & Non-Executive Director

Good morning, everyone, and welcome to today’s Q3 results call. I’m delighted to be speaking to you all again and sharing another set of good Entain results. I’m joined by Rob Wood, our CFO and Deputy CEO; and our Investor Relations team. So sticking with our usual running order, I will start with the Q3 headlines and some highlights of our operational progress. Rob will then dig into the trading performance and outlook for the balance of this year. And then we are going to open it up to your questions. So let’s kick off.

Entain’s transformation continues at pace, and we continue to make strong progress with our strategic priorities. We are definitely getting stronger and fitter every day, and our improving operational execution means we can expand our bandwidth, enabling us to do more across more markets in our portfolio. Our technology underpins everything we do. And it’s thanks to our hard-working

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