Entain has brought in seasoned gaming executive Gavin Isaacs to serve as the company’s next chief executive officer (CEO).
Isaacs will assume his new role as CEO of the London-listed betting and gaming operator on 2 September.
He assumes the role from Stella David, who has served as interim CEO since December and was recently named as the company’s next chairwoman to replace incumbent Barry Gibson.
Isaacs brings more than 25 years of industry experience to the role, having served in senior leadership positions at the likes of Scientific Games, DraftKings, SBTech, Bally Technologies, and Aristocrat.
“On behalf of the Board, I am delighted to welcome Gavin to Entain,” said Gibson. “We are confident that his proven leadership and operational experience mean that Gavin is the right person to take Entain into its next chapter. I would also like to thank Stella David and Entain colleagues for the significant operational improvements and progress made so far towards our strategic priorities.”
Commenting on his new role, Isaacs said: “I am very excited to be joining Entain. The company’s iconic brands, exceptional talent and ongoing execution of its refocused strategy will enable the business to return to a leadership position across all aspects. I am confident that Entain has an extremely bright future, and I look forward to leading the Group in capitalising on the opportunities ahead and creating value for all its stakeholders.”
Isaacs will be supported in his new role by Stella David, who will work alongside him to ensure an orderly transition before assuming the role of Chair on 30 September.
“I am looking forward to working with Gavin and transitioning into my new role as Chair of this fantastic business,” David said. “The positive progress we have already achieved means the business has strong building blocks in place for the future. I am confident that with Gavin’s leadership we will realise the ambitious plans that we have for Entain.”
Isaacs currently serves as a non-executive director at Games Global and was inducted into the American Gaming Association’s Hall of Fame in 2022.
Shares in Entain plc. (LSE:ENT) closed at 644.20 pence per share in London Friday, prior to this morning’s announcement.