Tag Archives: Rob Wood

Entain: streamline will answer difficult questions of growth on all fronts

Entain

Regulatory difficulties have dogged Entain’s Q3 performance significantly according to the group’s leadership, particularly in Germany and the UK with the group facing an ongoing HMRC investigation in the latter. Expect headlines…. In his address to investors following publication of the company’s Q3 results, group Chairman Barry Gibson informed that Entain will go before the courts during Q4 and expects …

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Entain: Current company culture ‘worlds apart’ from GVC days

Entain

The Entain that operates today has ‘no resemblance’ to its forerunner GVC Holdings, Chairman Barry Gibson informed investors this week after the group’s H1 trading results Britain’s HMRC tax office has been conducting an investigation into Entain for a dispute involving the Turkish online betting and gaming business operated by GVC Holdings which was dissolved in 2017. In 2020, GVC …

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Entain: Soft Australia and Brazil markets to pick up UK drags

SBC News Entain: Soft Australia and Brazil markets to pick up UK drags

Entain Plc’s leadership duo of CEO Jette Nygaard-Andersen and Deputy Rob Wood have notified investors that 2023 will be a tougher year for the FTSE100 gambling group’s UK arm.  Though the firm’s revenue make-up continues to be diversified via M&As, UK brands accounted for 27% of Entain’s online NGR – contributing approximately £840m of the group’s £3.3bn online NGR results …

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Entain gears up for make-or-break finale to 2022

Jette Nygaard-Anderson, Entain CEO

Entain’s leadership is adamant that it can deliver on the fronts of M&A integrations, UK regulatory adjustment and US market profitability to maintain the FTSE100 gambling group’s growth momentum and valuation.     Following publication of the group’s Q3 trading results this morning in which Entain reported a 2% GGR increase, CEO Jette Nygaard-Andersen and CFO and Deputy Rob Wood answered questions …

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Jette Nygaard-Andersen: M&A continues as key to Entain’s growth

Jette Nygaard-Andersen takes charge of Entain as new CEO

Following its Q2 2022 earnings update, Entain has detailed continued focus on its M&A strategy as well as sustainability, as regulatory judgements in the UK loom.  Sharing their perspectives in an investor earnings call, group CEO Jette Nygaard-Andersen and CFO Rob Wood explained that the FTSE100 gambling firm’s acquisition strategy was ‘active as ever’.  Assessing Entain’s global operations, Nygaard-Andersen pointed …

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Entain leadership places innovation at forefront of 2022 duties 

Jette Nygaard-Anderson, Entain CEO

Entain Plc’s leadership duo of Group Chief Executive Jette Nygaard-Andersen and Deputy-CEO Rob Wood have outlined their shared objective to showcase the FTSE100 business’ innovation capabilities during 2022.  Innovation and organic growth were marked as ‘capital allocation priorities’ by Andersen and Wood, hosting yesterday’s Entain leadership conference call with investors and market analysts. The start of 2022 saw Entain maintain …

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Enlabs acquisition drives Entain’s international expansion

SBC News Enlabs acquisition drives Entain’s international expansion

Entain’s acquisition of Swedish iGaming operator Enlabs AB and Portuguese online sportsbook Bet.pt has driven a 30% expansion in its international operations. A leading operator in the Baltic region, the Enlabs acquisition has enabled Entain to enter this market for the first time in its operating history via the Optibet brand. Enlabs is a market leader in Latvia, the second …

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Jette Nygaard-Andersen takes charge of Entain as new CEO

SBC News Jette Nygaard-Andersen takes charge of Entain as new CEO

Entain Plc has confirmed the appointment of Jette Nygaard-Andersen as its new Group CEO, who will take over from Shay Segev as he officially steps down from CEO duties today. Having served as a non-executive director of Entain since 2019, Nygaard-Andersen has guided the FTSE100 firm on the recent group transformation and development of its new corporate charter.    Confirming …

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GVC revises credit facility terms trading on a more positive outlook

Diversified Entain rides out 2020 retail storms

GVC Holdings has moved to restructure terms on its revolving credit facility with existing lenders, allowing for greater flexibility as the FTSE firm navigates global COVID-19 business complexities. Last March, operating on a ‘worst-case scenario’ basis, whereby the global sports calendar would be suspended until August, GVC governance sanctioned access to a £550 million revolving credit facility, with a view …

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