London-listed betting and gaming operator Entain has confirmed the appointment of Stella David as its permanent chief executive officer.

David took over from Barry Gibson as non-executive chair last September and has been serving as interim CEO since the departure of Gavin Isaacs in February.

She previously served as interim CEO between December 2023 and September 2024, and has served on the Entain Board since March 2021.

“The Board is delighted to have appointed Stella as CEO,” said Pierre Bouchut, interim chair at Entain. “She is an accomplished and commercial business leader with a long track record of success across multiple industries.

“Stella has played a pivotal role in shaping, implementing and executing the ongoing delivery of Entain’s strategy to drive value for our shareholders. She is highly regarded by our stakeholders, and her appointment provides consistency and stability as the business pursues its many growth opportunities.”

Commenting on her appointment, David said: “Entain has a clear strategy and we are making great strides in strengthening our operational capabilities. Having taken the time to reflect, I am hugely excited to be leading the business going forward as Entain’s CEO as we accelerate our journey of improvement.

“Entain is a great business with significant potential and I am confident in its ability to deliver further success in the future.”

David will retain her role as non-executive chair of Norwegian Cruise Line Holdings.

Shares in Entain plc (LSE:ENT) were trading 4.71 per cent higher at 657.80 pence per share in London Tuesday morning as the company also announced a better than expected financial performance in the first quarter of 2025.