Entain appoints Gavin Isaacs as CEO following a seven-month search after a £879M loss and £585M penalty settlement.

Gambling giant Entain appoints Gavin Isaacs as its new CEO, ending a seven-month search. Isaacs, former chairman of Games Global and board member of Entain's US rival DraftKings, will join the sports betting giant on September 2. Entain, owner of Ladbrokes, Coral and BetMGM, faces a challenging year after reporting a £879 million loss and a £585 million penalty settlement with HM Revenue & Customs related to alleged bribes in Turkey.