UK-listed gambling operator Entain plc has appointed a new CEO while celebrating a 41% rise in its online revenue in the final quarter of 2020.

On Thursday, Entain announced that it had appointed Jette Nygaard-Andersen as its new CEO, replacing the outgoing Shay Segev, who announced his intention to step down earlier this month. Segev’s exit is effective immediately, although he’ll “remain available” until July 8 to answer any questions his successor might have. 

Nygaard-Andersen (pictured) has been an independent director at Entain since 2019, back when the company was still known as GVC Holdings. She previously served in an executive capacity at a number of major European non-gambling firms, including media conglomerate Modern Times Group and Danish shipping firm AP Moeller-Maersk.  

Entain quoted Nygaard-Andersen saying she “cannot wait to get started” leading the company, with a focus on continuing Entain’s “extraordinary momentum” in existing markets, its expansion into new regulated markets while remaining “deeply wedded” to the company’s player-protection efforts.