Ladbrokes owner Entain accelerates plan to exit unregulated markets

Outbreak of the coronavirus disease (COVID-19) in Manchester

(Reuters) - Entain said on Wednesday it would speed up its plans to exit a number of unregulated markets by the end of the year, as the British gambling firm aims to fully focus on nationally regulated markets.

The company, which owns Ladbrokes and Coral betting shops as well as bwin and partypoker online brands, said the impact from the exit on its net gaming revenue and core profit will be relatively small.

(Reporting by Amna Karimi in Bengaluru; Editing by Shinjini Ganguli)