Entain targets metaverse: Should you buy this FTSE 100 stock

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Entain targets metaverse: Should you buy this FTSE 100 stock

Gambling major Entain said today it aims to launch an innovation hub focusing on developing metaverse offerings. The company plans to invest around £100 million into NFTs, VR/AR focused startups to develop immersive sports and entertainment-related experiences. Entain had recently increased its FY 2021 EBITDA guidance to a range of £875 million and £885 million in its Q4 trading update. 

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