In news long predicted by iGamingFuture; Jette Nygaard-Andersen, CEO of UK Omnichannel Entain, has been dumped by the embattled gambling giant, it was confirmed today (December 13).
Nygaard-Andersen’s corporate defenestration comes amid a welter of crises that has engulfed the Ladbrokes Coral owner — most prominently a massive £585 million fine by British authorities last month for historic corporate malfeasance in Turkey.
Shares in FTSE-100 Entain–down by some 40 percent over the last 12-months–rose by near-five percent, to 842.40 GBX, in early morning trading today on the London Stock Exchange on the news.
A full story on the Entain imbroglio–and likely future pathway of the company–by iGF Editor-in-Chief André Dubronski follows shortly.
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