Rumors about Betfair’s New CEO


Is the group trying to find a replacement for Yu?

This week’s reports include speculations that the online gambling group Betfair may be looking for a replacement for CEO David Yu, who reportedly expressed desire to return to the States. The rumor of this new development may somewhat be a result of the constant decline of Betfair shares in the past eight months.

A number of management executives have already left the company, including Mathias Entenmann, chief product and services officer; Charlie Palmer, head of mobile; Robin Osmond, chief executive of financial betting exchange LMAX; Matt Carter, director of architecture, research and prototyping; and Lee Cowles, director of UK sports and gaming; however, Betfair has decided to remain silent regarding latest speculations for now, but first announcements are expected next week, at the presentation of the company’s full year results.

Since it remained without a number of executives, Betfair has hired several high-profile replacements, such as the former William Hill exec Ian Chuter, who now serves as Betfair’s as group operations director, and who is believed to be quite capable of addressing some of the perceived weaknesses in Betfair operations, such as the lack of direction, which was pointed out in an internal survey among the company employees.

General Gambling News Gambling Law & Society News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

4mins ago someone from United States played Keno

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

Casino Of The Month

Casino of the Month

In the last 24h

Totals

  • New Members
    22
  • Members Online
    452
  • Guests
    1,614
Highest Community Rated Online Casinos
SlotsMillion
  (136 Ratings)
32 Red Casino
  (447 Ratings)
Guts Casino
  (239 Ratings)
Club USA Casino
  (338 Ratings)
Mr Green Casino
  (350 Ratings)
Buzzluck Casino
  (217 Ratings)
Lucky Red Casino
  (268 Ratings)
Videoslots.com
  (208 Ratings)
Nexxedge
  (85 Ratings)
Bet365 Games
  (220 Ratings)
Raging Bull
  (133 Ratings)
NextCasino
  (215 Ratings)
Unibet Casino
  (193 Ratings)
CasinoLuck
  (282 Ratings)
Betsson Casino
  (280 Ratings)
Betsafe Casino
  (256 Ratings)
Redbet Casino
  (200 Ratings)
Spin Palace Casino
  (144 Ratings)
Casino Extreme
  (218 Ratings)
Vera John Casino
  (224 Ratings)
ComeOn Casino
  (311 Ratings)
Thrills Casino
  (193 Ratings)
Intertops Red Casino
  (153 Ratings)
Ladbrokes Casino
  (182 Ratings)
Slotland
  (388 Ratings)
Bet365 Casino
  (456 Ratings)
Europaplay
  (28 Ratings)
MobileWins
  (25 Ratings)
InterCasino
  (170 Ratings)
Ruby Fortune Casino
  (162 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus