Tag Archives: gvc holdings

Barry Gibson: Entain is Gambling’s most sustainable Plc 

SBC News Barry Gibson: Entain is Gambling’s most sustainable Plc 

Further to this morning’s announcement of H1 2023 interim results, Barry Gibson, Chairman of Entain Plc, has issued a separate statement on the FTSE100 firm’s ongoing HMRC investigation. The news that corporate governance had reserved a £585m legal provision to settle the HMRC dispute related to the former Turkish business terminated in 2017 dominated Entain’s half-year results. “Whilst negotiations with …

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888 ends Alexander and Feldman approach as UKGC warns of licence suspension 

SBC News 888 ends Alexander and Feldman approach as UKGC warns of licence suspension 

The Board of 888 Holdings has confirmed this afternoon that it has terminated all ongoing discussions with FS Gaming Investments LLC.  FS Gaming is the investment vehicle of former GVC Holdings (formerly Entain Plc) leadership duo Kenneth Alexander (CEO) and Lee Feldman (Chairman) – who last month acquired a 6.5% stake in the LSE Gambling Group. Further to the investment, …

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Entain faces HMRC settlement over former Turkish affairs

SBC News Entain faces HMRC settlement over former Turkish affairs

Entain Plc has this morning notified investors that it is engaged in ‘advanced talks’ with the Crown Prosecution Service (CPS) in response to a ‘deferred prosecution agreement’ (DPA) related to an ongoing investigation by HM Revenue & Customs (HMRC).  The investigation relates back to 28 November, 2019, when UK subsidiary Entain Holdings Limited received a ‘production order’ from HMRC related …

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Robert Hoskin – No time for cynics Entain leads global gaming on ESG fronts

Robert Hoskin, Entain CGO

Environmental, Sustainability and Governance (ESG) initiatives are a growing focus of corporations across all mass market sectors. Though cynics may argue that the policies function largely as a public relations exercise, for Robert Hoskin this is far from the case.  To date Hoskin’s career reflects the ever-changing landscape of igaming, witnessing first-hand PartyGaming’s transition through subsequent M&As with Bwin, GVC …

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Ladbrokes and Coral to reindex on Oddschecker grid 

Oddschecker

Entain Plc has secured a new commercial arrangement with Oddschecker, that will see its flagship Ladbrokes and Coral UK brands return to being listed on sports betting leading odds comparison portal.  Ladbrokes and Coral brands have not featured on the Oddschecker price-grid since July 2020, as GVC Holdings (formerly Entain) could not settle on a commercial agreement to accommodate its …

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GiG promotes proven talent Nicola Fitton to COO

SBC News GiG promotes proven talent Nicola Fitton to COO

Gaming Innovation Group (GiG) has confirmed the promotion of Nicola Fitton to Chief Operating Officer (COO) of the Stockholm Nasdaq technology group. The internal appointment follows Fitton’s proven leadership capabilities, having formerly served as GiG’s Director of Media Managed Services since 2019. GiG underscored Fitton’s extensive experience within all commercial disciplines of the igaming sector, in which she has previously …

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DAZN appoints Ian Turnbull to oversee sports betting operations

SBC News DAZN appoints Ian Turnbull to oversee sports betting operations

Subscription sports streaming service DAZN has appointed former Entain executive Ian Turnbull as its new EVP of Betting and Gaming, as the firm looks to increase its engagement with the sector.  Turnbull’s career in the betting and gaming space saw him work as Microgaming’s Services Director, and most prominently as Head of B2B at Entain – prior to its rebrand …

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Winner Group & Sportium merger sees CIRSA transform its Colombia vision 

SBC News Winner Group & Sportium merger sees CIRSA transform its Colombia vision 

Blackstone-owned Grupo CIRSA has reorganised its Colombian market presence, allowing its Winner Group CIRSA casino subsidiary to take control of the Sportium Colombia brand.  The move was sanctioned as CIRSA aims to support Winner Group’s ambitions to become ‘Colombia’s leading gambling operator for land-based and online gambling disciplines’. Established in 1997, CIRSA’s Winner Group subsidiary operates 72 gambling venues (arcades, …

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Entain appoints Lt Gen Davis as first Foundation chairman

SBC News Entain appoints Lt Gen Davis as first Foundation chairman

Entain Plc has appointed Lieutenant General Ed Davis (CBE), the former Governor of Gibraltar, as the first independent chair of the ‘Entain Foundation’ leading the FTSE100’s global sustainability and social responsibility duties. Lt Gen Davis, who ended his tenure as Governor and Commander-in-Chief of Gibraltar in 2020, will lead the governance oversight of the Entain Foundation – which is formalising …

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