(Reuters) – Sports betting and gaming group Entain said on Thursday Chair Barry Gibson would step down by September-end after more than four years in the role, although could potentially leave earlier if a CEO gets appointed for the group.

Entain, the owner of Ladbrokes (LON:) and Coral betting shops, said interim CEO Stella David will replace Gibson on his retirement.

Last December, Entain CEO Jette Nygaard-Andersen stepped down following reports that some shareholders were unhappy with her leadership.

© Reuters. A person stands inside a Ladbrokes betting shop in London, Britain, March 4, 2023. REUTERS/Henry Nicholls/File Photo

Gibson,72, became chair in February 2020 and has played an integral role in the group’s transformation from GVC Holdings, and also in the resolution of the HM Revenue & Customs probe into its legacy Turkish unit.

His departure comes at a time when the gambling firm has reportedly hired advisers to oversee the possible sale of its overseas brands, including Netherlands-based BetCity, which was acquired by Entain last year.


Please enter your comment!
Please enter your name here