Tag Archives: Entain

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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EPIC and Entain to educate minor MLB stars on gambling harm

SBC News EPIC and Entain to educate minor MLB stars on gambling harm

EPIC Global Solutions and the Entain Foundation US have formed a deal with Major League Baseball to help educate minor league players on the risks of gambling. The partnership will see newly rebranded EPIC provide the MLB’s minor league players with lived experience educational sessions focusing on responsible gambling and wider mental health initiatives.  “We are pleased to be able …

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Entain CEO Jette Nygaard-Andersen steps down

SBC News Entain CEO Jette Nygaard-Andersen steps down

Jette Nygaard-Andersen, CEO of global betting and gaming giant Entain, has resigned from her position with immediate effect. Nygaard-Andersen told the FTSE 100-gambling group’s board that she wishes to stand down, with the news following the resolution of HMRC’s investigation into the company’s former Turkish-facing business. Entain Chair Barry Gibson commented on Nygaard-Andersen’s departure from the company, thanking her for …

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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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Spotlight Sports Group unveils Smart View Racecard for deeper audience engagement

SBC News Spotlight Sports Group unveils Smart View Racecard for deeper audience engagement

Spotlight Sports Group (SSG), the dedicated provider of technology, content, and media services for sports betting, has developed a brand new race card powered by the Racing Post. Branded ‘Smart View’, SSG’s new race card aims to transform the traditional approach to racing bettors’ experience with race cards, making it more appealing to new and existing audiences. The new race …

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KSA fines BetCity.nl €3m for slack AML measures

KSA, Netherlands/Dutch gambling authority

Kansspelautoriteit (KSA), the gambling authority of the Netherlands, has imposed a €3 million penalty on BetEnt NV, the operating company of BetCity.nl. The penalty relates to BetCity.nl’s failure to comply with the rules of the Netherlands Money Laundering and Terrorism Financing Prevention Act (Wwft). A subsidiary of Entain Plc, BetEnt was warned by KSA of shortcomings in AML compliance in …

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Entain: GGL must address German gambling’s black market exposure 

SBC News Entain: GGL must address German gambling’s black market exposure 

Entain Plc has backed the findings of the ‘Schnabl Study‘ highlighting the significant presence of black-market operators targeting Germany’s Fourth Interstate Market (GlüNeuRStv). Published by the trade bodies of DSWV (sports betting) and DOCV (online casino), the study conducted by Prof. Gunther Schnabl of the University of Leipzig, found that ‘around half of the online gaming activity in Germany takes …

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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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Bragg to supply player account management in extended Entain deal

SBC News Bragg to supply player account management in extended Entain deal

Bragg has extended its agreement with Entain to supply the latter’s Dutch igaming operator, BetCity.nl, with its Player Account Management (PAM) platform until 2025. The gaming technology and content provider will provide its proprietary aggregated casino content, as well as deliver sports betting products to customers of BetCity.nl. Bragg Chairman and CEO, Matevž Mazij, stated: “As reflected in BetCity.nl’s strong …

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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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