People News

Betclic founder Nicolas Béraud has returned as chief executive of Betclic Everest Group, with Isabelle Andrès stepping down after four years leading the business.

Béraud served as Betclic Everest Group CEO until 2011, when he stepped down to be replaced by Ignacio Martos.

His return to the company sees him replace Andrès, who departs after four years as CEO, and eight years with the company in total. She joined Betclic Everest Group - then Mangas Gaming - in 2009 as chief financial officer, before being promoted to deputy CEO.

Andrès took over from Martos in 2013, and during her four-year tenure has seen the business return to the Portuguese iGaming market, as well as relaunching its Monte Carlo Casino brand.

The operator also secured a significant victory when it brought a legal challenge against French horse racing betting giant Pari-Mutuel Urbain, which has led to the company separating its land-based and online horse racing liquidity.

Betclic Everest said Andrès was stepping down in order to take on new challenges, though added she would continue to serve on the board of the company's Frankfurt-listed subsidiary bet-at-home.

"I am delighted to be back at the head of Betclic Group, which I led until 2011," Béraud said of his new role. "I am convinced that with the involvement, expertise and passion of the group's employees, we will be able to accelerate our development and innovate by reinventing Betclic."