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Betfair begins search for new CEO

27th June 2011 6:56 am GMT

Betfair has begun the selection process for a new chief executive to replace David Yu who will step down from the role by the end of his current contract.

In response to an enquiry by Gaming Intelligence on Friday, a spokesperson for Betfair categorically denied that Yu is stepping down as chief executive after more than 10 years with the company. However, in a stock market announcement Monday, the company confirmed Yu’s departure and said that it [...]

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