Entain PLC M&A Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Richard Paul Stuber - Numis Securities Limited, Research Division - Analyst : Congratulations. 3 questions, if I can. The first one is do you -- does Entain already have any exposure to Poland already? So do you have any sort of your existing brands there? And follow-on from there is, do you expect to launch any other brands in Poland? Or will it just have to be just the STS? The second question is could you give us a little bit more color around the competitive landscape in Poland who's the sort of #2, #3 players are? How quickly they're growing? And the third question is, could you give us some indication about the timing of buying out the minorities. So when do you think you'll be able to have 100% of Entain CEE?

Question: Richard Paul Stuber - Numis Securities Limited, Research Division - Analyst : So just on that final question. In terms of when will you be able to get 100% of Entain CEE in terms of (inaudible) and buying out? Yes.

Question: Richard Paul Stuber - Numis Securities Limited, Research Division - Analyst : Great. And it's something similar which you have with the STS owners as well. So in 4 years, you should be able to...