Ladbrokes owner Entain eyes metaverse with new innovation hub


FILE PHOTO: General view inside a Ladbrokes shop in Harpenden, Britain, March 18, 2020. REUTERS/Peter Cziborra

(Reuters) -British gambling firm Entain Plc said on Monday it planned to develop products for the metaverse with an investment of up to 100 million pounds ($134 million) in a new innovation centre.

Entain, which owns Ladbrokes and Coral betting shops as well as the bwin and partypoker online brands, said the innovation hub would be called Ennovate and some 40 million pounds of investment would be earmarked for the UK.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Exclusive-Meta warns India antitrust ruling could force roll back of features, hurt business
Nokia signs multi-year patent license agreement with Samsung
Trending off TikTok? US users going to China’s RedNote face challenges, analysts say
From ban to buyout: What next for TikTok in the US?
TRX and Bukit Bintang MRT stations now accept card payments at token machines
Spanish youth ditch dating apps for ‘real life’ love
‘Red Note’, a Chinese app, is dominating downloads, thanks to TikTok users
Meta not ending fact-checks outside US yet, fails to appease Brazil
A possible US TikTok ban is just days away. A list of other apps available
Nintendo Alarmo clock now available from local retailer, priced at a steep RM899

Others Also Read