Global sports OTT platform DAZN Group has this afternoon confirmed that it will partner with Pragmatic Play to launch its much-anticipated sportsbook offering. Having re-capitalised its business at the start of the year, DAZN announced to investors that it would launch a sportsbook platform, to expand its business beyond its OTT sports programming vertical. Early 2022 developments have seen DAZN …
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DAZN has announced the appointment of Sandeep Tiku as Chief Technology Officer (CTO) who will spearhead the global OTT sports media provider’s development of its much-anticipated proprietary sportsbook platform. An industry figurehead, Tiku joins the DAZN executive leadership team from Entain Plc, where he formally served as Chief Operations Officer (COO) and executive board director of the FTSE100 gambling group. …
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DAZN has completed a group leadership restructure, to help support its global growth ambitions to become the dominant OTT entertainment platform for sports fans. Updating media, DAZN informed that Shay Segev would take on the sole duties of Group CEO having formally served as a joint-CEO alongside company Co-Founder James Rushton. The former CEO of Entain Plc was branded as …
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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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UK gambling will be at the forefront of global business headlines and further M&A speculation this week as its ‘big-three’ PLCs declare their end-of-year results having navigated the events of an unprecedented 2020. Opening the FTSE bell on Tuesday 2 February, Flutter Entertainment will publish its 2020 financial results, with City and Wall Street eyes eager to gauge the …
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Entain plc has lauded its ability to maintain a strong trading momentum in Q4 2020, with its diversified portfolio being attributed as a key driver for growth. Delivering its 20th consecutive quarter of growth, Entain has projected that full-year net gaming revenues (NGR) will grow by 27%. Closing 2020 trading on a high, the FTSE100 group delivered double-digit NGR growth …
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MGM Resorts International has this afternoon communicated that following ‘careful consideration’ it will not submit a revised offer for Entain Plc. The confirmation ends weeks of speculation surrounding the proposed takeover, which saw MGM’s initial offer of 0.6 MGM shares for each Entain share, representing a value of 1,383 pence per share and a premium of 22% to the company’s …
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The board of Entain Plc are reported to be in ‘advanced discussions’ to appoint Danish executive Jette Nygaard-Andersen as new chief executive of the FTSE100 betting group. Sky News reports that Nygaard-Andersen, the former EMEA Chief Executive of Swedish media conglomerate Modern Times Group, leads the pack to replace Shay Segev who announced his resignation last week, joining global OTT …
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Entain CEO Shay Segev has resigned as Group CEO of the FTSE100 online gambling group to join DAZN as ‘joint-chief executive’ of the global sports OTT platform. “Shay has a notice period of six months and will remain in his current role for that period or until a successor is in place,” read Entain’s statement. “The Board, having considered succession issues …
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Entain Plc has published the terms and conditions of its ‘recommended offer’ to Enlabs AB shareholders, as the FTSE100 gambling group seeks to expand its Baltic market footprint. Updating the market, Entain has proposed a cash offer of SEK 40 per Enlabs share on the Nasdaq Nordic exchange, valuing its latest M&A target at SEK 2.8 billion (approximately £250 million). …
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