Entain has reported first quarter net gaming revenue growth of 3% on a constant currency basis, meeting expectations, as the global sports betting and gaming group reiterated its full-year guidance.

The company posted strong volume growth of 8% YoY, driven by online volumes up 10%, though this was partially offset by sports margin declining 1.5 percentage points. Online net gaming revenue rose 5%, with gaming up 9% and sports down 1% despite the margin headwind of 1.3 percentage points.

UK & Ireland delivered particularly strong performance with net gaming revenue up 13%, ahead of expectations, while Australia returned to growth with net gaming revenue up 12%.

Shares rose 6.2% following the results as the company maintained its full-year outlook.

“We entered 2026 with strong momentum which has continued in Q1, with strong volume growth across our diversified portfolio,” said Stella David, CEO of Entain. “This further demonstrates our ongoing strategic execution and strengthening operations, and also highlights the growth embedded in our globally scaled business.”