Entain Chief Executive Officer Gavin Isaacs has stepped down just five months after taking the helm of the gambling group, which is MGM Resorts’ joint venture partner behind BetMGM.
Non-Executive Chair Stella David will step into the role on an interim basis for the second time, having done so previously between December 2023 to Isaac’s appointment in September 2024.
David said, “Entain is making strong progress in delivering our strategic priorities. We would like to thank Gavin for his contribution. The board is pleased with the group’s performance in 2024 and trading so far this year. As announced on 13 January 2025, FY2024 Group EBITDA is expected to be at the top of the £1,040 (US$1,290) m-£1,090 (US$1,350) m guidance range.”
Senior Independent Director Pierre Bouchut will fill the Non-Executive Chair role while David is interim Chief Executive Officer.