Shay Segev Archives - Page 5 of 8

GVC joins AiDP ranks to promote workplace diversity and inclusion

September 16, 2020

FTSE100 GVC Holdings Plc has become a member of the All-in Diversity Project (AIDP) – a non-profit that provides industry stakeholders counsel and guidance on improving standards related to corporate diversity, equality and inclusion. GVC will become the latest tier-1 global operator to take AiDP membership, joining fellow publicly-listed betting counterparts Flutter Entertainment, Betsson AB and Kindred Group Plc The …

GVC supports grassroot sports with ‘Pitching In’ programme

September 3, 2020

GVC Holdings has launched a new ‘multi-million pound investment programme’ which will deliver financial support to grassroot sports organisations. The programme, Pitching In, will be launched with a flagship partnership with The Isthmian, Northern Premier and Southern Leagues – collectively known as The Trident Leagues – which make-up levels seven and eight of the English football league pyramid. Commenting on …

GVC absorbs retail shocks as business recalibrates for critical H2 trading

August 13, 2020

GVC Holdings stated that it is ‘well placed to balance the year’, as the FTSE100 company absorbed significant retail shocks across its UK and European units, readjusting its full-year EBITDA outlook to £720m-£740m range (dependent on further COVID-19 outcomes). Publishing its interim results for the six month period ended 30 June 2020, GVC noted that the closure of its Ladbrokes …

GVC responds to ‘press speculation’ on former Turkish business

July 30, 2020

The board of GVC Holdings has issued a statement dismissing ‘press speculation’ regarding HMRC’s investigation of its disposed former Turkish wagering subsidiary. GVC underlined that HMRC’s investigation is strictly focused on ‘former third-party payment service providers’ whose only link to GVC was the provision of payment services for its former Turkish-facing business. This July, HMRC confirmed that it had launched …

GVC promotes Tiku to Group COO as Segev restructures leadership ranks

July 24, 2020

GVC Holdings has confirmed the promotion of Sandeep Tiku to Chief Operating Officer (COO), effective immediately as new Group Chief Executive Shay Segev restructures the firm’s senior executive leadership team. A GVC executive since 2014, Tiku has formerly served as Group Chief Technology Officer (CTO) leading key IT directives, system integrations and platform enlargement projects for the FTSE100 betting group. …

GVC ‘surprised’ at widening of HMRC’s Turkey investigation

July 21, 2020

GVC Holdings has confirmed that the HM Revenue & Customs (HMRC) has expanded its investigation into the company’s former online subsidiary in Turkey. The investigation, which began on 28 November 2019, was launched in relation to former third party suppliers, which the operator understood to be related ‘to the processing of payments for online gambling in Turkey’. In 2017, GVC …

Glynn Carroll to head up Roar Digital’s US trading operations

July 17, 2020

Roar Digital, the joint venture between GVC Holdings and MGM Resorts in the USA, has promoted Glynn Carroll to head up its sportsbook operations. Carroll has taken on the role of Vice President of Sportsbook Operations and will be relocating to the States once the COVID-19 outbreak subsides. Carroll originally joined Ladbrokes in 2015 as Director of Trading Operations and …

BGC praises Kenneth Alexander for driving critical change

July 17, 2020

Michael Dugher, Chief Executive of the Betting and Gaming Council (BGC), has praised the work of outgoing GVC Holdings Group CEO Kenneth Alexander and his contribution to improving industry standards and driving change through greater responsibility. Yesterday, GVC announced that Alexander had chosen to end his 13-year leadership tenure, and confirmed that the executive would be replaced by COO Shay …

Revenues down 11% but product depth helps GVC through lockdown

July 16, 2020

Further to announcing its leadership change this morning, GVC Holdings has published a H1 post-close trading statement informing investors of the firm’s performance under challenging global conditions. Navigating COVID-19 complexities, GVC underlined that the company was robust and decisive in implementing cost management actions to ensure that the group achieved its objective of operating at a cash neutral position during …

GVC marks a ‘new era’ as Segev replaces Alexander as CEO

July 16, 2020

Kenny Alexander is to step down as CEO of GVC Holdings after 13 years with COO Shay Segev taking control of the FTSE-100 operator almost immediately. Alexander will remain at GVC in the short term as a company executive to support the leadership transition. Confirming the leadership change, Chairman Barry Gibson said: “Kenny has built a remarkable global business, and has …

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Tag Archives: Shay Segev

GVC joins AiDP ranks to promote workplace diversity and inclusion

GVC supports grassroot sports with ‘Pitching In’ programme

GVC absorbs retail shocks as business recalibrates for critical H2 trading

GVC responds to ‘press speculation’ on former Turkish business

GVC promotes Tiku to Group COO as Segev restructures leadership ranks

GVC ‘surprised’ at widening of HMRC’s Turkey investigation

Glynn Carroll to head up Roar Digital’s US trading operations

BGC praises Kenneth Alexander for driving critical change

Revenues down 11% but product depth helps GVC through lockdown

GVC marks a ‘new era’ as Segev replaces Alexander as CEO

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