{"id":9335,"date":"2025-05-02T09:24:09","date_gmt":"2025-05-02T08:24:09","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=9335"},"modified":"2025-05-02T09:24:14","modified_gmt":"2025-05-02T08:24:14","slug":"stella-david-stability-will-help-entain-win-back-investor-trust","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2025\/05\/02\/stella-david-stability-will-help-entain-win-back-investor-trust\/","title":{"rendered":"Stella David: Stability Will Help Entain Win Back Investor Trust"},"content":{"rendered":"\n

Stella David <\/strong>made her first statement since taking on the role of permanent CEO of Entain, the FTSE-listed gambling group.<\/p>\n\n\n\n

Prior to presenting Q1 results, David reflected on taking on the CEO role: \u201cEntain<\/strong> is a business with great potential. We are honest about our challenges and have faced brutal truths\u2026 and, importantly, we have acted.<\/p>\n\n\n\n

\u201cWe are starting to see real results – a return to growth and stronger momentum. Entain is getting stronger, faster, and fitter every day. The strategy is working, and we will deliver on our potential by elevating and accelerating our performance.\u201d<\/p>\n\n\n\n

A positive start to the year saw Entain\u2019s Group Net Gaming Revenue (NGR)<\/strong> increase by 9%, with growth reported across all core brands. Notably, Q1 trading saw BetMGM<\/strong> return to profitability, generating \u20ac22m in underlying EBITDA.<\/p>\n\n\n\n

Trading during the period also saw Entain report strong results in its home market, with UK & Ireland NGR up 10%cc. This was driven by a 23%cc increase in Online NGR –\u00a0 supported by strong volume growth of 21%, which is expected to outperform the wider market – while Retail declined slightly by 1%cc.<\/p>\n\n\n\n

Commenting on the results, Group CFO and Deputy CEO, Rob Wood<\/strong>, said: \u201cWe are pleased, since our growth is driven by volume, which was up by 21% across our online channel. Most importantly, we are outperforming the market.\u201d<\/p>\n\n\n\n

Of significance, Entain benefits from regulatory changes, as wood  commented: \u201cA levelling of the playing field brought on by regulatory adjustments has seen Entain make critical adaptations to ride the tailwinds against competitors.<\/p>\n\n\n\n

Entain also delivered a solid performance in international markets. Group International NGR rose +5%cc, with Online up +4%cc and Retail up +11%cc.<\/p>\n\n\n\n

Brazil stood out with 31%cc growth, continuing to perform strongly as it adapted effectively to the newly licensed market regime.Wood noted \u201cWe believe we are outperforming the market. Our localised product and partnerships are resonating with consumers.\u201d<\/p>\n\n\n\n

When questioned by investors on whether the company would pivot to a new strategy, leadership was clear:<\/p>\n\n\n\n

\u201cAbsolutely not,\u201d David replied. \u201cI believe fundamentally that continuity is the mandate.\u201d<\/p>\n\n\n\n

\u201cContinuity and stability are what have driven us to focus on the things that matter.\u201d<\/p>\n\n\n\n

\u201cIf 2024 was about facing brutal truths and stopping losses,\u201d David concluded, \u201c2025 will be about one thing – starting to win again, and in the right way.\u201d<\/p>\n\n\n\n

Don’t forget to subscribe to our Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Stella David made her first statement since taking on the role of permanent CEO of Entain, the FTSE-listed gambling group. Prior to presenting Q1 results, David reflected on taking on the CEO role: \u201cEntain is a business with great potential. We are honest about our challenges and have faced brutal truths\u2026 and, importantly, we have […]<\/p>\n","protected":false},"author":7,"featured_media":9336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1],"tags":[448,324,12423,8281],"class_list":["post-9335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","tag-betmgm","tag-entain","tag-rob-wood","tag-stella-david"],"yoast_head":"\nStella David: Stability Will Help Entain Win Back Investor Trust - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"Stella David made her first statement since taking on the role of permanent CEO of Entain, the FTSE-listed gambling group.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2025\/05\/02\/stella-david-stability-will-help-entain-win-back-investor-trust\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stella David: Stability Will Help Entain Win Back Investor Trust - 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