Entain Officially Appoints Stella David as CEO

Entain has officially appointed Stella David as its new Chief Executive Officer, marking a major leadership change for the company. Owning half of BetMGM, Entain tapped David to hold the interim CEO role for two months. Now, her appointment brings stability after five leadership changes in five years.

David has extensive experience in the CEO role, as she held it temporarily after Jette Nygaard-Andersen left back in 2023. She was also chairman of the group from April 2024 until February 2025.

David expressed her excitement with the direction Entain will have under her watch, 

“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 CEO as we accelerate our journey of improvement,” David added.

Interim Chair Pierre Bouchut praised David as an experienced leader with a strong record of success across various industries. Bouchut added that David helped shape and execute Entain’s strategy to deliver continued value for its shareholders.

BetMGM to Leverage Angstrom for Online Sportsbooks

Last week, BetMGM reported net revenue growth from $489 million to $657 million year-over-year. Online sportsbooks revenue rose from $116 million to $194 million.

BetMGM CEO Adam Greenblatt explained that targeting, retaining, and serving high-value players played a major role in their success. Online sportsbooks handle increased by 29% last quarter. Average handle per bettor rose 27%, while parlay wagers climbed nearly 5%.

Entain executives again praised their technology partner Angstrom for improving BetMGM’s online sportsbooks product. Thanks to Angstrom, BetMGM now offers expanded parlay and player prop options. They also enhanced live betting and bet slip features.

These improvements arrived just in time for the recent NFL season. They helped attract and engage more sports bettors.