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Share Price: 72.60
Bid: 75.00
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Change: -1.40 (-1.89%)
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Open: 72.20
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Henry Birch among contenders to become CEO of Entain, Sky News reports

Sat, 11th May 2024 12:42

May 11 (Reuters) - Henry Birch, the former chief executive of Rank Group, is among the contenders to become the head of British gambling group Entain, Sky News reported on Saturday, citing unidentified sources.

The Ladbrokes owner is searching for a new CEO after the abrupt departure of Jette Nygaard-Andersen in December following reports of shareholder and investor dissatisfaction at Entain's sluggish business performance.

In her resignation statement, Nygaard-Andersen said the group was "safe, stable and sustainable".

Entain said last month that its chairman, Barry Gibson, would step down by the end of September after more than four years in the role.

The betting group reported a smaller-than-expected fall in online gaming revenue for the first quarter, as an increase in active customers helped it offset stiff competition and regulatory pressures in its main markets.

Entain declined to comment on the Sky report. (Reporting by Akanksha Khushi in Bengaluru; Editing by Alison Williams)

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7 Jul 2021 07:53

UPDATE 2-Online betting firm 888 says revenues fell after UK reopening

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TRADING UPDATES: PZ Cussons to beat guidance; Rank's casinos reopen

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1 Jul 2021 08:10

Rank Group trades in line with expectations in first six weeks since reopening

(Sharecast News) - Gambling outfit Rank Group said on Thursday that trading in the first six weeks following the reopening of its venues had been in line with expectations.

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29 Apr 2021 16:52

EXECUTIVE CHANGES: Fresnillo chair steps down; Airtel Africa picks CEO

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22 Apr 2021 12:04

Rank Group reports total net gaming revenue fall in third quarter

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22 Apr 2021 08:38

Rank Group maintains good liquidity ahead of UK reopening

(Sharecast News) - Gambling company the Rank Group ended its third quarter with total cash and available facilities of £89.8m, it announced on Thursday, comfortably achieving its minimum liquidity covenant of £50m.

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19 Apr 2021 11:34

Rank Group controlling shareholders in internal reorganisation

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2 Feb 2021 08:37

UK gambling firms told to slow down slot machines in new crackdown

(Sharecast News) - UK gambling firms have been told to slow down spin speeds on online games as part of a package of strict safety measures by the Gambling Commission.

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Rank Group Swings To Interim Loss As Covid Restrictions Force Closures

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21 Jan 2021 16:23

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Rank Group Hires Guoco Group CFO Chew Seong Aun As Executive Director

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