Entain Plc remains focused on accelerating operational efficiency, aiming to return its business to growth by 2025. Publishing its Q1 2024 trading update, the FTSE100 gambling group stated that its “performance aligned with expectations,” with leadership prioritising operational performance improvements to drive organic growth. Period trading saw group net gaming revenues (NGR), including the BetMGM JV, increase by 6% on …
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Entain Plc has informed markets that Chairman Barry Gibson will resign from all corporate governance duties by the end of September 2024. Gibson will be succeeded by current interim Chief Executive Stella David, who may take over boardroom leadership duties earlier depending on the timing of the appointment of a permanent Group CEO. The announcement sees Gibson end his four-year …
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Entain Plc has closed its full-year 2023 accounts declaring corporate losses (after tax) totalling £879m as group leadership proceeds with its transformation programme evaluating the firm’s brand portfolio, capital allocation and operating structures The LSE-listed gambling group announced its FY2023 results this morning, reporting that “results are in line with expectations and leadership is committed to improving operational execution to …
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Entain Plc has initiated legal proceedings against the former owners of BetCity.nl, the Dutch sportsbook and igaming property of the FTSE100 gambling group. A lawsuit has been filed in the Commercial Court of England by Clifford Chance, representing Entain Netherlands BV, against former owners of BetCity.nl, primarily consisting of the Singels Family and associates. Entain has filed a ‘Part-7 Claim …
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Entain has announced further appointments with immediate effect shortly following its announcement of Stella David becoming Interim CEO. The global sports betting and gaming giant has firstly named Pierre Bouchut as its new Senior Independent Director. Meanwhile, Virginia McDowell now officially becomes Chair of the Remuneration Committee, and Barry Gibson – who currently serves as Chairman of the company – …
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Entain has established two new committees on its group board, the People and Governance Committee and the Sustainability and Compliance Committee. The FTSE100 international betting and gaming group stated that the two new bodies will serve to improve the company’s effectiveness, engagement with its workforce and sustainability. A change in leadership has seen Stella David step down from the Sustainability …
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The board of Entain Plc has informed investors that Peter Isola has chosen not to renew his duties as a Non-Executive Director of the FTSE100. As a result, Isola has chosen to end his six-year tenure as a corporate advisor of Entain Plc on 21 March 2022 to focus on new opportunities. A legal expert in financial services and online …
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Entain Plc has this morning informed investors of new directorate changes governing the FTSE100 gambling group. In an update to corporate stakeholders, Entain welcomed Stella David and Vicky Jarman as new independent non-executive directors. An expert in mass-market enterprise strategies, David is the former Chief Executive of heritage Scottish whiskey distillery William Grant & Sons (2009-2016) and has served as …
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