Tag Archives: Shay Segev

Diversified Entain rides out 2020 retail storms

Diversified Entain rides out 2020 retail storms

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 ends Entain speculation by withdrawing all offers

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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Jette Nygaard-Andersen leads pack to become Entain CEO 

Jette Nygaard-Andersen takes charge of Entain as new CEO

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 seeks new CEO as Segev departs to DAZN

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 eyes Baltic opportunities with £250m Enlabs offer

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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Entain joins up with Verizon Media for VR integration

VR

Entain, formerly known as GVC Holdings, has signed a ‘global innovation alliance’ with Verizon Media which will deliver new virtual reality (VR) experiences for live sports viewing. The gambling operator will work alongside Verizon Media to ‘combine live sports viewing with interactive layers of sports data and gaming’, allowing bettors to ‘participate in sports events, check data, socialise with friends, …

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Shay Segev: Entain’s ARC is a game-changing commitment to lead Safer Gambling 

Shay Segev, Group CEO of Entain Plc (formerly GVC Holdings), has spoken exclusively to SBC about the ‘generational transformation’ that the FTSE100 betting group has undertaken after embracing the key responsibility objectives of its new ‘corporate charter’.  Speaking to SBC MD Andrew McCarron, Segev outlined Entain’s new mission, explaining that the company aims to lead global gambling across all safer …

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GVC Holdings begins new era as Entain Plc

GVC Holdings shareholders have overwhelmingly approved the FTSE100 firm’s corporate rebrand to new identity ‘Entain Plc’. The rebrand was backed by 99.9% of company shareholders, who cast votes at an ‘extraordinary general meeting’ signing-off on the ‘new corporate charter’ proposing a series of new long-term sustainability objectives.   Who is Entain from Entain on Vimeo.   Last month, Group CEO …

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GVC seeks scientific edge with Dr Griffiths appointment as Safer Play advisor

GVC Holdings has appointed distinguished behavioural addiction expert and gambling psychologist Dr Mark Griffiths as a strategic advisor on player protections and the development of the firm’s ‘safer play’ technologies. Dr Griffiths, who leads gambling addiction research for Nottingham Trent University, will be tasked with auditing GVC’s group-wide policies, procedures and protocols with regards to developing safer gambling environments for …

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Scott Longley: Betting faces generational challenge in esports

The global pandemic has shown the value of esports as a wagering discipline. Yet beyond Covid circumstances, can betting break with tradition and develop real esports propositions engaging with a new generation of customers?  Scott Longley analyses the cultural and technological adjustments that betting incumbents will face in their next multi-billion £/$/€ field of play… Traditional sport has come rushing …

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