Tag Archives: FTSE

Flutter confirms NED exit of David Lazzarato

SBC News Flutter confirms NED exit of David Lazzarato

The board of Flutter Entertainment Plc has confirmed that David Lazzarato will not seek re-election as an independent Non-Executive Director (NED) of the FTSE100 and NYSE gambling group. The decision comes ahead of Flutter’s scheduled annual general meeting (AGM) on 1 May 2024, in which Lazzarato will resign from all duties as corporate NED. An expert in financial planning and …

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Entain Foundation achieves key milestones for SportsAid & Pitching-In

SBC News Entain Foundation achieves key milestones for SportsAid & Pitching-In

Entain Plc has declared that it has achieved two high-impact milestones funded by its corporate social responsibility (CSR) programme, The Entain Foundation. Publishing its latest Social Impact Report, Entain announced that it had supported over 200 aspiring athletes aiming for the Olympics, Paralympics, Commonwealth and World Championships through SportsAid. The FTSE100 firm’s collaboration with SportsAid began in 2020, developing direct …

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Tombola embarks on structural reorganisation of bingo business

SBC News Tombola embarks on structural reorganisation of bingo business

The management of Tombola, will proceed with a reorganisation as part of an ‘extensive operational review’ of the UK’s largest online bingo business. The staff of Tombola were informed last week of the decision, which as reported by the Financial Times, could impact up to 250 jobs  – “according to people briefed on the plans.” Meetings for affected staff have …

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Caliplay instructs Playtech to end role in Mexican JV

SBC News Caliplay instructs Playtech to end role in Mexican JV

Shadows are cast on the future of Mexican online gambling brand Caliente.MX, as joint-venture partners Playtech and Caliplay  continue their legal dispute.  This afternoon, Caliplay SA, the online subsidiary of Mexican casino operator, Grupo Caliente, announced that it would launch legal proceedings in the Civil Court of Mexico against Playtech. Caliente’s subsidiary seeks “the annulment of its legal relationship with …

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Flutter joins WiHTL community for better HTL inclusion 

SBC News Flutter joins WiHTL community for better HTL inclusion 

Flutter Entertainment has joined the charter of WiHTL, a business collaboration community devoted to increasing diversity and inclusion in the hospitality, travel, and leisure industry (HTL). The initiative sees Flutter become a sponsor of WiHTL’s Women Non-Executive Director (NED) Programme. CFO Paul Edgecliffe-Johnson will also become a founding member of WiHTL’s CFO Committee.  Founded in 2016, WiHTL is a collaborative …

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Entain rides high as Q1 hits peak KPI performance 

SBC News Entain rides high as Q1 hits peak KPI performance 

Entain Plc has declared that it is “well-positioned” to achieve all 2023 corporate objectives, as it reports on a period of record levels of active customers, boosting its financial results, whilst demonstrating continued momentum across worldwide operations.  This morning, the FTSE100 gambling group published its Q1 trading update, covering the period from January 1 to March 31, 2023. Headline results …

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Flutter prepares AGM vote on dual US listing

SBC News Flutter prepares AGM vote on dual US listing

Flutter Entertainment’s Board of Directors has notified investors that the FTSE100 business “aims to implement an additional US listing during Q4 2023”.  In February, Flutter’s board revealed that it was reviewing options to proceed with a ‘secondary US listing’ of its ordinary shares. Primary benefits highlighted by Flutter governance included a “deeper access to capital markets and to new US …

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Entain orders withdrawal from all unregulated markets 

SBC News Entain orders withdrawal from all unregulated markets 

Entain Plc has underlined its commitment to securing 100% growth within regulated igaming markets, having this morning declared an accelerated withdrawal from several unregulated areas.  The FTSE100 gambling gorup’s board notified investors that the it would no longer operate in “unregulated markets where it sees no path to domestic regulation.” No details were provided as to which markets Entain had …

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Playtech confirms NED appointment of Samy Reeb

SBC News Playtech confirms NED appointment of Samy Reeb

The board of Playtech Plc has confirmed the appointment of Samy Reeb as a new Independent Non-Executive Director of the FTSE250 gambling technology group.  An expert in tax management and auditing of mass market corporations, Reeb is a former director of EY and Credit Suisse, leading the management of tax affairs for key clients in the US and Asia. Further …

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Flutter begins succession plan for Gary McGann chairman exit 

SBC News Flutter begins succession plan for Gary McGann chairman exit 

Flutter Entertainment Plc has begun planning for the succession of Gary McGann as Executive Chairman of the FTSE100 gambling group.  This morning, Sky News reported that Flutter governance had begun ‘interviewing candidates’ to “identify a successor to Gary McGann”, who has served as chairman of the company since 2015. City Sources indicate that McGann’s departure will be announced later in …

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