Entain said its non-executive chairwoman Stella David would become chief executive on an interim basis until it finds a permanent replacement – having previously stepped in as the temporary boss after Ms Nygaard-Andersen’s exit.
Boss of Ladbrokes owner Entain steps down after five-month tenure Gambling group Entain has announced the departure of its chief executive after less than six months at the helm.
Entain, which also owns BetMGM, was hit with a £585 million penalty in 2023, agreed with HM Revenue & Customs to settle charges related to alleged bribery offences in Turkey.
Mr Isaacs had been helping steer a turnaround of its financial performance and the company recently said it expects to report full-year earnings at the top of its guidance range.
The owner of betting shops Coral and Ladbrokes said that by “mutual agreement” Gavin Isaacs was stepping down with “immediate effect”.
