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Legal
August 23, 2024
Investors to Take Entain to Court over Declining Share Price
Entain’s troubles related to its historic business in Turkey are not over yet. While the gambling giant did reach a deferred prosecution agreement (DPA) with the Crown Prosecution Service (CPS), the whole process took a toll on the company’s shares. Needless to say, investors aren’t happy. Investors Take Entain to Court A group of institutional […]
Business
August 14, 2024
Entain’s Incoming Boss Readies to Step Down from Galaxy Gaming’s Board
An industry veteran, Gavin Isaacs, is preparing to step in at the helm of Entain, one of the largest betting and gaming companies worldwide. To ensure that he pays his undivided attention to the company, Isaacs has now confirmed that he will take an exit from Galaxy Gaming’s Board of Directors on August 30. Isaacs […]
Business
July 29, 2024
BetMGM Posts Negative H1 EBITDA Amid Investment Year
Gaming and betting giant Entain has published a report concerning the BetMGM brand’s performance in the first half of 2024 (H1). Co-owned by Entain and MGM Resorts International, the operator recorded accelerating momentum through the year. Negative EBITDA Is in Line with Expectations The H1 update highlighted net revenue from operations of 1 billion, up […]
Business
July 22, 2024
Entain Appoints Gavin Isaacs as New Chief Executive Officer
Entain plc, one of the largest sports betting and gaming groups in the world built on proprietary technology, has announced the appointment of Gavin Isaacs as its new chief executive officer. Isaacs, who is currently taking on a non-executive director position at Games Global Limited, will bring his two and a half decades of experience […]
Business
July 8, 2024
Entain Adds Helen Ashton as Independent NED
Gambling giant Entain has made yet another addition to its team, naming the experienced Helen Ashton as an independent non-executive director. As someone with decades of corporate and business experience, she will be a valuable addition to Entain’s board. In addition to becoming an independent NED, Ashton will also join Entain’s Audit Committee. The new […]
Casino
July 4, 2024
Entain and Playtech Debut Live Gameshow “The Chase”
Global sports betting and gaming group built on proprietary technology, Entain, has announced the exciting launch of a brand new live gameshow with support from the leading platform, content, and services provider in the online gambling industry, Playtech. The Chase, which is the name of the new game, follows the proven model carried by the […]
Business
June 28, 2024
Entain UK Names Industry Heavyweight Charlotte Emery as CMO
Entain has appointed industry heavyweight Charlotte Emery as the new chief marketing officer of its UK business. In this position, she will be responsible for the brand’s marketing amid a transformational period. As mentioned, Emery is no stranger to the gambling industry, having already spent some four years at the British gambling giant William Hill. […]
Legal
June 17, 2024
BetCity’s Former Owners Contest Entain’s Accusations in Major Lawsuit
The group of former owners for BetCity has responded to recent accusations made by Entain as part of an ongoing legal dispute. In 2022, Entain acquired BetCity before raising concerns about increased bonus costs and the viability of a VAT-exempt structure, claims which the previous proprietors refute. BetCity Claim Undisclosed Investigations Were Known Before Acquisition […]
Legal
June 12, 2024
Fox Williams to File Claim against Entain over Turkish Business
Fox Williams, a business advisory firm and securities litigant, announced that it is preparing to file a group claim against gambling giant Entain on behalf of institutional investors. Led by securities litigation partners Andrew Hill and Matthew Reach, the firm is set to accuse the operator of failing to disclose its knowledge of bribery and […]
Business
June 6, 2024
Eminence Capital Becomes Entain’s Fourth Largest Shareholder
Ricky Sandler, CEO of Eminence Capital, has increased his stake in Entain to 5.18%, making Eminence Capital the fourth largest shareholder of the FTSE 100 firm. On 3 June, Sandler acquired an additional 7.1 million shares, bringing Eminence Capital’s total holdings in Entain to 37,154,030 shares, thus surpassing the 5% reporting threshold. Entain Is Increasingly […]
