Tag Archives: Barry Gibson

Ricky Sandler to create ‘lasting value’ in joining Entain board

SBC News Ricky Sandler to create ‘lasting value’ in joining Entain board

Entain has appointed Ricky Sandler to its board of directors in a bid to improve investor relations and maximise shareholder value.  Sandler – founder of a global investment management organisation Eminence Capital – has been vocally critical of the FTSE 100 gambling group’s strategy in 2023. He will also join Entain’s People & Governance and Capital Allocation committee, both with …

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Entain makes five appointments following CEO resignation

SBC News Entain makes five appointments following CEO resignation

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 reaches final settlement on +£600m DPA of former Turkish affairs

Entain

Entain Plc has this afternoon announced that it has reached a definitive settlement on its Deferred Prosecution Agreement (DPA) with the Crown Prosecution Service (CPS), concerning the bribery investigation by HM Revenue & Customs (HMRC) of its Turkish-facing business. Terms of the settlement were approved by Dame Victoria Sharp, President of the King’s Bench Division at the Royal Courts of …

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Entain to settle HMRC Turkish dispute with + £600m payout

SBC News Entain to settle HMRC Turkish dispute with + £600m payout

Entain Plc has reached an ‘in principle’ agreement with the Crown Prosecution Service (CPS) to resolve its Deferred Prosecution Agreement (DPA) concerning the investigation by HM Revenue & Customs (HMRC) of its former Headlong Turkish business. This afternoon, Entain informed investors of obtaining preliminary judicial approval from Dame Victoria Sharp, President of the King’s Bench Division, to finalise a £585m …

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Gibson & Nygaard-Andersen double Entain shareholding in sign of strategic confidence

SBC News Gibson & Nygaard-Andersen double Entain shareholding in sign of strategic confidence

Entain Plc has notified stakeholders of major share purchases initiated by leadership and board members as a sign of confidence in the long-term prospects of the FTSE100 gambling group.  A notification of share transactions on 8 November detailed that Chairman Barry Gibson had purchased 93,600 Entain shares. The transaction, valued at approximately £870,000, sees Gibson increase his personal shareholding in …

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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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Amanda Brown named Entain NED ahead of Q3 2023 earnings call

Entain

Amanda Brown has become the latest member of Entain’s senior leadership team, joining the company as a Non-Executive Director (NED) at a time of global expansion across multiple markets. The new hire will also become a member of the FTSE100 gambling group’s Remuneration Committee, working alongside Committee Chair, Stella David, and fellow NEDs Virginia McDowell and Rahul Welde. Prior to …

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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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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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Entain reorganises ESG oversight with new Board committees

Barry Gibson, Entain

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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