Entertain CEO Has Left the Group with Immediate Effect

Isaacs only joined the company as CEO in September 2024, having worked for some big names, including Aristocrat Technologies, Bally Technologies, SB Tech, DraftKings, and Scientific Games Corporation.

Stella David said: “Entain is making strong progress in delivering our strategic priorities. We would like to thank Gavin for his contribution.

“The Board is pleased with the Group’s performance in 2024 and trading so far this year. As announced on 13 January 2025, FY2024 Group EBITDA is expected to be at the top of the £1,040m-£1,090m guidance range.”

“The Board and management remain aligned on the Group’s focus on operational excellence and maximising shareholder value. I look forward to leading the business as we continue to accelerate our performance.”

Isaacs formally took the position back on 1st September 2024 after an eight-month succession plan led by the board, who will now have to begin the search once again.

One of Isaacs’ main jobs was to execute a new corporate strategy and restore growth after a challenging year in 2023 when the company reported a huge loss of up to £900m. While Isaacs was with Entain, he reported on one-quarter of trading, with a 6% increase in online revenues. Entertain improved trading for BetMGM which had made some technical upgrades as part of project Romer. This greatly increased the sportsbook capabilities and helped them to grow their market share.

Entain explained they remain “comfortable with market expectations for FY2025.” Further details on Entain’s FY2024 results will be released in March 2025.