Entain CEO Leaving Company for Co-CEO Role at DAZN

Entain CEO Leaving Company for Co-CEO Role at DAZN Thumbnail

DAZN made an offer he couldn’t refuse Entain, the parent company of partypoker, announced on Monday that chief executive officer Shay Segev is stepping down from his position. He will stay on for six months or until his replacement is hired before moving to sports streaming platform DAZN as its co-CEO. It sounds like Segev’s… Read more »

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MGM Explains Why It Wants to Buy Entain

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Entain believes it’s worth more When Entain announced on Monday that it had rejected MGM Resorts International’s £8.1 billion ($11.1 billion) acquisition offer, it said that it wanted MGM to “provide additional information in respect of the strategic rationale for a combination of the two companies.” As it turns out, MGM did provide that additional… Read more »

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Daniel Negreanu Opts to Resume Challenge Against Doug Polk

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The grudge match continues. On Monday, Daniel Negreanu and Doug Polk resumed their heads-up poker challenge after a New Year’s break. And it was Negreanu who came out on top in the first showdown of 2021, netting about $27,000 over 500 hands. Remember from our last report on the “no love lost” heads-up challenge that… Read more »

Poker Pros

Entain Rejects MGM’s $11.1 Billion Takeover Offer

Entain Rejects MGM’s $11.1 Billion Takeover Offer Thumbnail

Entain says try again MGM Resorts International has made an £8.1 billion ($11.1 billion) offer to buy online gaming company Entain (formerly GVC Holdings), but Entain says it is not enough. On Monday, the owner of partypoker confirmed publicly that MGM did, in fact, receive a proposal from MGM, but that it “significantly undervalues the… Read more »

Poker Stocks

Chris Moneymaker, PokerStars Part Ways

Chris Moneymaker, PokerStars Part Ways Thumbnail

All Good Things… It is often said that all good things must come to an end. This is true in many aspects of life, perhaps no more so than in the world of poker. After a 17-year relationship, the 2003 World Series of Poker World Champion Chris Moneymaker and his longtime sponsor, the #1 online… Read more »

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