📺 Weekly News: Entain reports 2023 loss as 888 confirms US exit
NEXT.io Podcast7 Mar 2024

📺 Weekly News: Entain reports 2023 loss as 888 confirms US exit

In this episode of NEXT.io Weekly News, we focus on two significant developments in the iGaming industry: Entain's financial results for 2023 revealing a loss, and 888 Holdings confirming its strategic exit from the US market.


First, we dissect Entain's fiscal year 2023 performance. We'll explore the challenges and external factors that influenced Entain's financial outcomes, discussing what this means for the company's future strategies and its position in the global iGaming landscape.


Then, we turn our attention to 888 Holdings and their decision to exit the US B2C operations, as detailed in "888 Strategic Review: US B2C Operations." This segment will delve into the reasons behind 888's significant decision to withdraw from the US market, examining the strategic implications for the company and the potential impact on the US iGaming sector.


🗞 Read the full story here:

  • FY 2023: Entain reports loss and warns of £40m 2024 regulatory impact

    https://next.io/news/fy-2023-entain/

  • 888 to explore US exit amid $50m split from Sports Illustrated

    https://next.io/news/888-strategic-review-us-b2c-operations/

Hang out with Conor Mulheir and Nico Jansen on our Weekly News live stream, every Thursday at 3 PM CET across all our social media channels. We'll dive into the freshest iGaming news and explore the most captivating stories of the week.

Be cool, be curious, be in the know!

Episoder(468)

Jesper Kärrbrink #4 - Henrik Tjärnström, CEO, Kindred Group (Kindred history, responsible gaming, US, Bitcoin and much more)

Jesper Kärrbrink #4 - Henrik Tjärnström, CEO, Kindred Group (Kindred history, responsible gaming, US, Bitcoin and much more)

Long before he was appointed CEO in 2010, Henrik Tjärnström was a part of the Kindred Group (then Unibet Group). He joined the Board of Directors in 2003 and was part of the Board until when he stepped into the role as Chief Financial Officer in 2008. Henrik holds an MSc in Industrial Engineering and Management from the Institute of Technology, Linköping University, Sweden. Before joining the Kindred Group, he was employed as Senior Financial Manager at Skanska Infrastructure Development AB from 2001 to 2008.

11 Jun 202155min

Pierre Lindh #58 - Dima Reiderman, COO, BtoBet (Emerging markets analysis)

Pierre Lindh #58 - Dima Reiderman, COO, BtoBet (Emerging markets analysis)

Dima Reiderman joined BtoBet’s ranks from parent company, Aspire Global, where he served as Chief Operations Officer for over two years. Throughout his career he garnered wide experience in strategic leadership and a strong industry knowledge, playing an integral role in the growth and success of Aspire Global throughout his seven-year tenure. He is highly appreciated for his vision and energy, placing the end-customer at the core of operations.

10 Jun 202153min

Michael Pedersen #1 - Chris Harrison, Industry Head, Google (The Future of Digital Marketing)

Michael Pedersen #1 - Chris Harrison, Industry Head, Google (The Future of Digital Marketing)

Chris is the global industry lead at Google for Gambling. Before Google, Chris spent 7 years at Betfair working in various strategy, insight and marketing roles.

9 Jun 20211h 32min

Heidi Lofthus #4 - Robin Eirik Reed, Investor, Chair and CEO within Digital Entertainment, iGaming and Sports (Leadership learnings and Flow)

Heidi Lofthus #4 - Robin Eirik Reed, Investor, Chair and CEO within Digital Entertainment, iGaming and Sports (Leadership learnings and Flow)

Robin Eirik Reed co-founded GiG 10 years ago and successfully grew the company to €150m in revenue. In 2019, robin became an inductee in the iGaming IDOL Hall of Fame. Now he runs the gaming operator Ichiban and is also about to launch ’Quantum’.

3 Jun 202149min

Karolina Pelc #6 - Britt Boeskov, Chief Experience Officer, Kindred Group (KX - The Kindred Experience)

Karolina Pelc #6 - Britt Boeskov, Chief Experience Officer, Kindred Group (KX - The Kindred Experience)

Britt is the Chief Experience Officer of Kindred Group (formerly Unibet Group). She joined the Group as Management Trainee in 2005, and entered the Exec team in 2009, where she had held various roles including Head of Marcom Services, COO and Chief Programme Officer. Britt holds a Master's degree in Intercultural Communications and Management from Copenhagen Business School. She’s a non-executive director on the Board of Racecourse Media Group, and a mentor in the Rebus Women in Tech programme.

31 Mai 202141min

Pierre Lindh #57 - Daniel Lindberg, CEO & Founder, QuickSpin (Entrepreneurship & leadership)

Pierre Lindh #57 - Daniel Lindberg, CEO & Founder, QuickSpin (Entrepreneurship & leadership)

Daniel Lindberg founded QuickSpin in 2011 together with Mats Westerlund (NetEnt) and Joachim Timmermans (Kindred). Before QuickSpin he worked in top positions in a variety of fields with NetEnt – such as Sales & Marketing Director as well as Head of Product Management. Daniel started his career in iGaming back in 2006 and signed many of NetEnt's customers back in the days and produced the classic Gonzo’s Quest. In 2016 they sold QuickSpin to Playtech and two years after that both Mats and Joachim went onto other ventures. Today QuickSpin is just over 100 people, with three offices Stockholm, Sweden, Malta and Kiev. Daniel is a very inspirational leader and is great at pushing towards bigger things as well as listening into and knowing the organization not forgetting about the people behind it and trusting people's abilities. Daniel is a passionate FIFA player and he is definitely a sore loser and perhaps a bit of an ungracious winner…

27 Mai 20211h 28min

Pierre Lindh #56 - Ragnar Toompere, Director, OneTouch (Past, present & future of mobile gaming)

Pierre Lindh #56 - Ragnar Toompere, Director, OneTouch (Past, present & future of mobile gaming)

With more than a decade and a half of experience in the iGaming industry, Ragnar Toompere is now Managing Director of the mobile-first casino content developer, OneTouch. His experience includes hugely successful stints at such well-known companies as Playtech and Microgaming, and since taking the helm at OneTouch he has guided the company to a series of impressive achievements and milestones.

26 Mai 202135min

Karolina Pelc #5 - Richard Carter, Group CEO, Bragg Gaming Group (The man with the Bragging rights)

Karolina Pelc #5 - Richard Carter, Group CEO, Bragg Gaming Group (The man with the Bragging rights)

Richard Carter is a Group Chief Executive Officer of Bragg Gaming Group, an innovative B2B online gaming solution provider and the company behind Oryx Gaming. Prior to recent appointment, Richard has served as Bragg’s Non-Executive Chair, advising and providing support to the Bragg team on developing a global strategy focused on partnerships, the continued growth of their organic business, and consideration of all accretive M&A opportunities. Richard, formerly the CEO of interactive sports betting solutions and services provider SBTech, held the role for 5 years until the company’s merger with digital sports entertainment and gaming company DraftKings through a three-way deal with Diamond Eagle Acquisition Corp in April 2020. The transaction was valued at US $3.3 billion and the combined entity has a current market cap of US $20 billion. Before his tenure at SBTech, Richard was Director of Research at Deutsche Bank.

20 Mai 202148min

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