Speculation about Entain's future continues as critic Ricky Sandler joins gambling giant's board
Speculation about the future of Ladbrokes and Coral owner Entain continued last week after one of the activist investors most critical of the company was appointed to its board.
Ricky Sandler, founder and chief executive of Eminence Capital, was named as a non-executive director with immediate effect and is set to serve a three-year term – subject to annual re-election.
It was pressure from Sandler and other investors which eventually led to Entain's chief executive Jette Nygaard-Andersen stepping down with immediate effect in December with the company's share price having fallen 40 per cent in four months.
Read the full story
Read award-winning journalism from the best writers in racing, with exclusive news, interviews, columns, investigations, stable tours and subscriber-only emails.
Subscribe to unlock
- Racing Post digital newspaper (worth over £100 per month)
- Award-winning journalism from the best writers in racing
- Expert tips from the likes of Tom Segal and Paul Kealy
- Replays and results analysis from all UK and Irish racecourses
- Form study tools including the Pro Card and Horse Tracker
- Extensive archive of statistics covering horses, trainers, jockeys, owners, pedigree and sales data
Already a subscriber?Log in
Published on inBetting World
Last updated
- New gambling survey will improve previous 'outmoded' methodology, claims regulator
- 'One of a kind and very special' - Jeremy Chapman on the pioneering bookmaker Mervyn Wilson
- Another milestone for Flutter as industry giant continues pivot to the US - but Illinois tax hike 'will cause real harm'
- General election decision leaves government's gambling reforms in limbo
- Tackling gambling's black market likened to 'whack-a-mole' by senior DCMS civil servant
- New gambling survey will improve previous 'outmoded' methodology, claims regulator
- 'One of a kind and very special' - Jeremy Chapman on the pioneering bookmaker Mervyn Wilson
- Another milestone for Flutter as industry giant continues pivot to the US - but Illinois tax hike 'will cause real harm'
- General election decision leaves government's gambling reforms in limbo
- Tackling gambling's black market likened to 'whack-a-mole' by senior DCMS civil servant