Business
January 11, 2021
Entain CEO Shay Segev to Withdraw for a Position in DAZN
Entain’s CEO, Shay Segev, is leaving the company to take up a position at DAZN, a global streaming giant. Entain Sees Shay Segev Go to DAZN Only six months after stepping in at the helm of Entain, and steering the company to an ambitious future, Shay Segev, the now-departing CEO, has decided to move on […]
Industry
January 10, 2021
IAC to Support MGM Entain Takeover Bid
MGM Resorts shareholder IAC ready to invest US$1 billion in Entain acquisition MGM and Entain Could Become Global Gaming and Entertainment Leader Media and internet company IAC/InterActiveCorp vowed to help MGM Resorts International in its bid to acquire British online betting firm Entain PLC. The US media giant, founded by Barry Diller, boasts a 12% […]
Business
January 7, 2021
Entain’s Bwin Holdings Tabled Cash Bid to Enlabs Shareholders
Global sports betting and gaming group Entain plc announced today its wholly-owned Malta-based subsidiary Bwin Holdings tabled a cash offer of SEK40 per share to shareholders of Enlabs AB. Bid Unanimously Recommended to Enlabs Shareholders The proposed bid which values Enlabs at around SEK2.8 billion was endorsed by the Independent Bid Committee of the Nasdaq […]
Business
January 5, 2021
MGM Says Proposal for Merger with Entain on Table
After Entain’s confirmation, MGM Resorts International has now acknowledged publicly that it has indeed pitched a proposal for a merger with Entain, looking to consolidate the companies’ footprint globally and in the United States. MGM Confirms Proposal for Merger with Entain MGM Resorts International has confirmed that it has made a proposal to merge […]
Business
January 4, 2021
Entain Confirms MGM Resorts Proposal Rumor, Says It Undervalues Its Prospects
Entain has received two proposals from MGM Resorts in a bid to buy out the company. The company has requested more details from MGM as to the rationale behind the proposals. MGM Resorts Bids for Entain Are a Fact, Says Company Entain has followed up on a Wall Street Journal’s article detailing a bid by […]
Business
January 4, 2021
MGM Resorts Attempting to Buy Entain, Says WSJ
MGM Resorts has reportedly made an offer for Entain’s business that includes a substantial stock component, after the company previously rebuffed a $10 billion all-cash bid, Wall Street Journal has reported. Entain Reportedly in Acquisition Talks with MGM Resorts MGM Resorts is looking to buy out Ladbrokes owner Entain, the company which recently rebranded from […]
Industry
January 2, 2021
Entain’s Grainne Hurst Says Company to Be Pioneer in Customer Wellbeing
Entain Director of Corporate Affairs Grainne Hurst outlines a future of sustainability and consumer well-being for the company and the role it plays in the industry. Customer Wellbeing Comes first for Entain Entain is turning a new leaf in 2021, not just because it has just rebranded from GVC Holdings, but also because its commitment […]
Insider
December 23, 2020
Entain CEO Shay Segev: Don’t Educate Audiences How Good Existing Products Are, Create Products That Fit New Audiences
Shay Segev is the CEO of Entain, the recently-rebranded GVC Holdings, who will guide the company through its new vision towards a consumer-focused experience and sustainability in the coming years, with the outlook for Entain being to triple its business and remain a key player in 20 years. The company’s rebranding comes with a new […]
Industry
December 21, 2020
EGBA Released Official Data Projecting 23% Drop in 2020
The European Gaming and Betting Association (EGBA), the industry body representing online gaming and betting operators licensed in the EU, released official data, stating that gambling revenues would drop by 23% in 2020 due to the material impact of the coronavirus outbreak. “Like many other sectors, Europe’s gambling sector has taken a hit from COVID-19 […]
Business
December 17, 2020
Entain and Verizon Media Form Alliance to Bring Innovative Solutions to Consumers
Entain has formed a new strategic, innovative alliance with Verizon Media to leverage ground-breaking technology across multiple markets. Verizon Media and Entain Look to Leverage Innovation Globally Entain is stepping up its efforts to bring world-class entertainment products with the help of Verizon Media, as part of a new deal which will see the companies […]