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Entain targets metaverse with new innovation hub

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(Reuters) – British playing agency Entain Plc mentioned on Monday it might launch an innovation hub to develop gaming and interactive leisure merchandise for the metaverse.

Entain, which owns Ladbrokes and Coral betting outlets in addition to the ‘bwin’ and partypoker on-line manufacturers, mentioned the innovation hub would make investments as much as 100 million kilos ($134 million), with 40 million kilos earmarked for the UK.

($1 = 0.7446 kilos)

(Reporting by Sinchita Mitra in Bengaluru; Enhancing by Rashmi Aich)

Supply: KFGO