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Entain Announces CEO Change Amid Strong Financial Performance

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Entain Announces CEO Change Amid Strong Financial Performance

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Entain plc ( (GB:ENT) ) has issued an announcement.

Entain plc announced that Chief Executive Officer Gavin Isaacs is stepping down, with Stella David, the non-executive Chair, taking over as interim CEO. The company reports strong performance in 2024, with FY2024 Group EBITDA expected to be at the top of its guidance range, and remains optimistic about meeting market expectations for FY2025. This leadership change comes as Entain continues to focus on operational excellence and maximizing shareholder value.

More about Entain plc

Entain plc is a FTSE100 company and a leading global sports betting and gaming group, operating both online and in the retail sector. The Group’s portfolio includes well-known sports brands like BetCity, bwin, and Ladbrokes, and gaming brands such as Foxy Bingo and Partypoker. Entain operates in over 30 territories, focusing exclusively on domestically regulated markets. It also holds a 50/50 joint venture in the US with BetMGM, a prominent player in sports betting and iGaming.

YTD Price Performance: 8.00%

Average Trading Volume: 1,945,981

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £4.74B

For an in-depth examination of ENT stock, go to TipRanks’ Stock Analysis page.

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