- Companies
- Entain (CEE operations)
Entain (CEE operations) Revenue, Valuation, Funding & Investors
Entain (CEE operations) is valued at $2.1B as of June 2026, a 3.0x multiple on its last reported $703M revenue.
Last Entain (CEE operations) valuation
$2.1B
Secondary · Jun 2026
Entain (CEE operations) revenue
$703M
Secondary · Jun 2026
Key investors in Entain (CEE operations)
EMMA Capital
Entain (CEE operations) Overview
About Entain (CEE operations)
Entain (CEE operations), also known as Entain CEE, is a Central and Eastern European joint venture comprising two sports betting and gaming businesses: STS in Poland and SuperSport in Croatia. The combined businesses generated net gaming revenue of £522 million and EBITDA of £184 million in FY25, both up 7% year-over-year. Entain CEE is a joint venture between Entain plc, EMMA Capital, and the Juroszek family.
Website
Status
Privately held
Customer focus
B2C
Revenue model
Services
Revenue
$703M (Jun 2026)
Valuation
$2.1B (Jun 2026)
Entain (CEE operations) Valuation
Entain (CEE operations) is currently valued at $2.1B, based on its secondary sale in June 2026.
The $425M round included EMMA Capital.
Entain (CEE operations) valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2026 | Secondary | $2.1B | 3.0x |
Entain (CEE operations) Revenue
Entain (CEE operations)'s latest recorded revenue is $703M, as of its secondary sale in June 2026. At a $2.1B valuation, that implies a 3.0x revenue multiple.
Entain (CEE operations) revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2026 | $703M | $2.1B | 3.0x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Entain (CEE operations) Funding History
Entain (CEE operations) has 1 recorded secondary share sale and no primary funding rounds.
Entain (CEE operations) funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Secondary | EMMA Capital | $425M | $2.1B | Entain plc agreed to sell a 20% stake in its Central and Eastern European joint venture, Entain CEE, to joint venture partner EMMA Capital for approximately €425 million, marking the first stage of a phased full exit from the business and a strategy to reduce debt. The transaction, valued at roughly €2.1 billion for the entire Entain CEE entity (equivalent to ~10x EBITDA), includes an initial payment of €395 million upon completion in Q4 2026, with an additional contingent payment in early 2027 based on FY26 financial performance. Upon completion, Entain's ownership will decrease from 67.5% to 47.5%, while EMMA Capital's stake will rise from 22.5% to 42.5%, with the Juroszek family retaining 10% but granting EMMA voting rights to secure majority control. Entain intends to use the net proceeds to reduce outstanding debt, generating estimated annualized interest savings of ~£20 million and targeting leverage below 3x EBITDA before returning excess capital to shareholders. Entain CEE comprises two operating businesses: STS in Poland and SuperSport in Croatia, which delivered FY25 net gaming revenue of £522 million (+7% YoY) and EBITDA of £184 million (+7% YoY). The deal is broadly neutral to EPS and adjusted cashflow, with completion pending regulatory approvals. |
Who has invested in Entain (CEE operations)?
1 investor has backed Entain (CEE operations) across its funding rounds, including EMMA Capital.
Entain (CEE operations) Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialEntain (CEE operations) Competitors
Entain (CEE operations) competitors include listed companies like Kangwon Land, TX Group, Ziff Davis and Monarch Casino & Resort, and private ones like hOp and ZigBang.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.1B | $330M | $2.1B | - | ||
| Private | $20M | - | $2.1B | 106.3x | ||
| Publicly listed | $1.1B | $310M | $2B | 2.1x | ||
| Private | $80M | - | $2B | 25.4x | ||
| Publicly listed | $1.5B | $335M | $2B | 1.0x | ||
| Publicly listed | $545M | $182M | $2.2B | 3.7x |
Entain (CEE operations) Public Comps
Entain (CEE operations) is still privately-owned, but its public comps include Kangwon Land, TX Group, Ziff Davis, Monarch Casino & Resort, AGTech Holdings, Visional, Lime, Bally's Intralot, PENN Entertainment and Genting.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.1B | $330M | - | - | - | - | |||
| $1.1B | $310M | 2.1x | 2.1x | 7.2x | 8.1x | |||
| $1.5B | $335M | 0.9x | 1.0x | 3.8x | 3.3x | |||
| $545M | $182M | 3.8x | 3.7x | 11.4x | 10.0x | |||
| $97M | $15M | 12.3x | - | 81.5x | - | |||
| $515M | $157M | 3.3x | 2.6x | 10.8x | 9.3x | |||
| $887M | $87M | 2.2x | - | 22.2x | - | |||
| $597M | $155M | 7.0x | 3.6x | 27.1x | 10.4x | |||
This data is available for Pro users. Sign up to see all Entain (CEE operations) competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Entain (CEE operations)
| Is Entain (CEE operations) publicly listed? | No, Entain (CEE operations) is a private, VC-backed company. |
| What is Entain (CEE operations)'s valuation? | Entain (CEE operations) was last valued at $2.1B in its secondary sale in June 2026. |
| Who are Entain (CEE operations)'s investors? | Entain (CEE operations)'s investors include EMMA Capital. |
| What is Entain (CEE operations)'s revenue? | Entain (CEE operations)'s latest recorded revenue is $703M (June 2026). |
| What is Entain (CEE operations)'s revenue multiple? | Entain (CEE operations)'s latest valuation implies a 3.0x revenue multiple ($2.1B valuation on $703M of revenue). |
| Which companies are comparable to Entain (CEE operations)? | Companies comparable to Entain (CEE operations) include Kangwon Land, hOp, TX Group, ZigBang, Ziff Davis and Monarch Casino & Resort. |
See companies similar to Entain (CEE operations)
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