Bangalore’s appointment takes the board to its full complement of 11 members after Ricky Sandler’s departure.
UK.- The London-listed gambling operator Entain has announced the appointment of Sheila Bangalore as a non-executive director, filling the vacancy left just over three weeks ago when Ricky Sandler stepped down. With Bangalore’s arrival, the board of the parent company of Ladbrokes and Coral returns to its full complement of 11 members.
Bangalore has expertise in gaming, hospitality and tech as well as legal experience gained early in her career at the United States Courts and the US Senate. Her professional background includes senior positions at Bally Technologies and Aristocrat, before she took up the role of chief strategy officer at MP Materials, a Las Vegas-based manufacturing company.
She is currently CEO of consultancy Artemis Endeavors and has held board positions at Games Global, Alliance Entertainment, Principal Mineral, Nasdaq, StoneAge Waterblast Tools, Athena Alliance and McLaren Technologies Acquisition Corporation.
Sandler left the board following the closure of his hedge fund, Eminence Capital, which had been Entain’s third largest shareholder with a 6.5 per cent stake.
Pierre Bouchut, chair of Entain, commented: “Sheila has a strong track record of executive and non-executive experience across multiple sectors, particularly in the gaming industry. I am confident that the board will benefit from Sheila’s judgement, rigour and breadth of expertise as Entain continues to execute its strategy.”
Speculation of a potential sale continues as Entain’s share price has fallen by around 30 per cent in the year to date. The rise in British remote gaming tax hike to 40 per cent last month has added to challenges. The group has announced the closure of a third of the Ladbrokes shops in Ireland while its US joint venture with MGM faces growing competition from prediction markets
Despite these headwinds, the group reported a 3 per cent rise in revenue to £5.25bn in 2025, with UK and Ireland revenue up 6 per cent to £2.19bn. The company posted a statutory post-tax deficit of £681m.
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