Shay Segev
Businessperson From Wikipedia, the free encyclopedia
Shay Segev (born 1976) is a business executive in the technology sector and the CEO of DAZN, the over-the-top (OTT) sports subscription streaming service. Described by Gaming Intelligence as a tech “futurist”,[1] Segev is the former chief executive of Entain plc, previously GVC Holdings, a global sports betting and gambling company listed on the London FTSE 100 index. Before that he was chief operating officer of Playtech, a gambling software development company listed on London's FTSE 250.
Early life and education
Segev learned to code at a young age.[2] He holds a B.Sc. in Computer Science from Tel Aviv University[3] and an MBA from Northwestern University - Kellogg School of Management, obtained in 2005.[4][5]
Career
Summarize
Perspective
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Segev was an executive at Mercury Interactive.[6][failed verification] In 2006, he joined Videobet, a subsidiary of gambling software company Playtech, as chief operating officer (COO). He later became CEO of the server-based gaming subsidiary of Videobet, and then chief operating officer (COO) of the Playtech group in 2011 and later CEO of Playtech's retail subsidiary.[7][8] Segev joined the Gaming Standards Association as a board member at about the same time.[8]
In July 2015, Segev joined Gala Coral Group as chief strategy officer.[9] In 2016, he joined GVC Holdings as COO to lead the merger between GVC and bwin.party.[10] Segev is credited with finding €125 million in cost synergies, transforming the business and returning it to growth.[11]
In March 2018, GVC Holdings acquired Ladbrokes Coral, Segev's former company, and was responsible for the integration of the two businesses.[12]
In 2018, Segev was instrumental in establishing the joint venture between MGM Resorts and GVC, as it was then. He joined the board of BetMGM (Roar) in this capacity.[13]
In July 2020, Segev succeeded Kenny Alexander as CEO following his departure after thirteen years in the post.[14] As CEO, Segev unveiled a new corporate identity,[15] which saw the company change its name from GVC Holdings to Entain plc and unveil a new strategy centred on growth and sustainability.[16]
In 2021, Entain's joint venture partner MGM Resorts tried to acquire Entain for $11 billion. The offer was rejected by Segev and the board on the basis that it "significantly undervalue[d] the company and its prospects".[17][18]
In June 2021, Segev became co-CEO of sports streaming service DAZN.[19][20] In January 2022, he was appointed the sole CEO.[21]
Awards
Segev has appeared in the Gaming Intelligence Hot 50 more times than anyone else.[22]
Personal life
Segev lives in Gibraltar with his wife and four children.[3]
References
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