Entain is sticking with Stella David as CEO, with the interim appointment made permanent amid the release of the operator group's Q1 results.
The Ladbrokes and Coral owner had made David interim CEO for a second time in February this year after the shock departure of Gavin Isaacs.
However, after David also stepped in following the exit of Jette Nygaard-Andersen, she has got the job on a permanent basis.
“Entain has a clear strategy and we are making great strides in strengthening our operational capabilities,” David said.
“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."
Total net gaming revenue (NGR) at Entain, including its 50 per cent share of BetMGM, was up 11 per cent year-on-year in Q1.
Outside of the US, the company saw revenues rise eight per cent.
UK and Ireland NGR climbed 10 per cent, international NGR was up five per cent and Entain CEE, which includes Polish betting operator STS, posted a revenue jump of 12 per cent.
Entain said UK and Ireland NGR “beat expectations” due to “strong volume growth” of 21 per cent, which the operator group expects to be “ahead of the market.”
In Entain’s international division, Brazil NGR was up 31 per cent, with the company reporting the business is “adapting well to the new licenced market regime.”
Australia NGR was down eight per cent due to customer-friendly results, while Croatia is continuing to perform “particularly strongly” for Entain in its CEE unit.
“We have made a strong start to 2025. Our improving operational execution saw us exit 2024 with clear momentum which has continued in Q1,” David said.
“Entain has a clear and compelling strategy with today’s results further evidence of its delivery. We are in the early stages of our journey of improvement and are driving ahead at pace.”
