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!

5mins ago someone from Australia played Cleopatra Treasure

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
    26
  • Members Online
    403
  • Guests
    1,645
Highest Community Rated Online Casinos
BETAT Casino
  (207 Ratings)
SlotsMillion
  (66 Ratings)
32 Red Casino
  (333 Ratings)
Guts Casino
  (195 Ratings)
Club USA Casino
  (268 Ratings)
Mr Green Casino
  (297 Ratings)
Buzzluck Casino
  (168 Ratings)
Lucky Red Casino
  (218 Ratings)
Videoslots.com
  (158 Ratings)
NextCasino
  (164 Ratings)
Bet365 Games
  (182 Ratings)
Bohemia Casino
  (11 Ratings)
Unibet Casino
  (155 Ratings)
CasinoLuck
  (239 Ratings)
Betsson Casino
  (227 Ratings)
Betsafe Casino
  (200 Ratings)
Redbet Casino
  (165 Ratings)
Spin Palace Casino
  (124 Ratings)
Casino Extreme
  (175 Ratings)
Slotty Vegas
  (119 Ratings)
Intertops Red Casino
  (130 Ratings)
ComeOn Casino
  (262 Ratings)
Sin City Casino
  (110 Ratings)
Vera John Casino
  (189 Ratings)
Intertops Casino Classic
  (117 Ratings)
Thrills Casino
  (145 Ratings)
Winner Casino
  (357 Ratings)
Ladbrokes Casino
  (160 Ratings)
Voglia di Vincere
  (6 Ratings)
Slotland
  (323 Ratings)


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