It seems like a great time to be the new CEO of Entain.
Gavin Isaacs, Games Global chairman and former Scientific Games CEO, will assume that role on September 2, taking over for current interim CEO Stella David.
Isaacs’ tenure will begin after the global sports betting and gaming company reported better-than-expected performance in the first half of 2024.
Q2 was a strong period for Entain, in part thanks to stronger-than-expected win margins for EURO 2024 competition. Total net gaming revenue (NGR) was up 6% overall to £2.9 billion [$3.7 billion] and Group EBITDA (earnings before interest, taxes, depreciation, amortization, and restructuring) was up 5% to £523.8 million [$667.7 million].
