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Shay Segev

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Shay Segev
Born1976 (age 49–50)
Israel
EducationTel Aviv University, Kellogg School of Management
OccupationBusinessman
Years active1998 - present
Known forCEO of DAZN
Children4
Websitedazngroup.com

Shay Segev (born 1976) is an Israeli 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

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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]Cite error: A <ref> tag is missing the closing </ref> (see the help page). In 2006, he joined Videobet, a subsidiary of 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.[5][6] Segev joined the Gaming Standards Association as a board member at about the same time.[6]

In July 2015, Segev joined Gala Coral Group as chief strategy officer.[7] In 2016, he joined GVC Holdings as COO to manage the merger between GVC and bwin.party and deliver €125 million in synergies, transforming the business and returning it to growth.[8][9] He was also involved in GVC's integration of Ladbrokes Coral and their joint venture with MGM.[10] In 2018, he also joined the board of BetMGM.[11]

In July 2020, Segev succeeded Kenny Alexander as CEO of GVC Holdings,[12] changed the company name to Entain plc, and unveiled a new strategy centred on growth and sustainability.[13][14][15] 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.[16][17][15]

In June 2021, Segev became co-CEO of sports streaming service DAZN.[18][19] In January 2022, he was appointed the sole CEO.[20]

Recognition

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Segev has appeared in the Gaming Intelligence Hot 50 more times than anyone else.[21]

Personal life

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Segev lives in Gibraltar with his wife and four children.[3]

References

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  1. ^ "Why did Shay Segev quit Entain?". Gaming Intelligence. Retrieved 2021-02-11.
  2. ^ Agini, Samuel; Gross, Anna; Nicolaou, Anna (22 July 2022). "Sports rights to sports betting: what next for Blavatnik-backed DAZN?". Financial Times.
  3. ^ a b Todorov, Stoyan (23 December 2020). "Entain CEO Shay Segev: Don't Educate Audiences How Good Existing Products Are, Create Products That Fit New Audiences". Gambling News.
  4. ^ "European Graduates | Northwestern University - Kellogg School of Management". graduates.name. Retrieved 2021-02-08.
  5. ^ "Mor Weizer on Playtech's decade in the Hot 50". Gaming Intelligence. Retrieved 2021-02-08.
  6. ^ a b "Playtech :: Shay Segev assigned CEO of Playtech Retail". www.playtech.com. Archived from the original on 2020-08-15. Retrieved 2021-02-08.
  7. ^ "Shay Segev joins Gala Coral as chief strategy officer". Gaming Intelligence. 2015-07-02. Retrieved 2021-02-08.
  8. ^ "GVC appoints Shay Segev to lead bwin.party merger integration as new COO". SBC News. 2015-11-30. Retrieved 2021-02-08.
  9. ^ Hoare, Steve (2016). "Resuscitating BWIN.Party". Gaming Intelligence (26): 51–54.
  10. ^ Narayan, Niji (2020-07-17). "GVC Announces CEO Keith Alexander's Retirement". European Gaming Industry News. Retrieved 2021-02-08.
  11. ^ Murphy, Chris (2020-03-09). "Shay Segev: GVC has all the ingredients to lead in the US market". SBC Americas. Retrieved 2021-02-11.
  12. ^ Partridge, Joanna (21 July 2020). "HMRC widens investigation into Ladbrokes owner GVC". The Guardian. Retrieved 21 July 2020.
  13. ^ "Bombshell for Ladbrokes and Coral owner Entain as chief Shay Segev quits". Horse Racing News - Racing Post. www.racingpost.com. Retrieved 2021-02-08.
  14. ^ Sprung, Shlomo. "GVC Holdings Renamed Entain; CEO Shay Segev Talks BetMGM Growth, U.S. Expansion, Long-Term Sustainability". Forbes. Retrieved 2021-02-08.
  15. ^ a b Nadkar, Tanishaa (11 January 2021). "Ladbrokes owner Entain CEO quits days after snubbing MGM approach". Reuters.
  16. ^ Walsh, Dominic. "Shay Segev quits Ladbrokes owner in middle of £8bn takeover battle". The Times. ISSN 0140-0460. Retrieved 2021-02-08.
  17. ^ "MGM Resorts drops bid for UK owner of Ladbrokes and Coral". The Guardian. 2021-01-19. Retrieved 2021-02-08.
  18. ^ Grater, Tom (17 January 2022). "DAZN Restructures Leadership, Shay Segev Becomes Sole CEO". Deadline.
  19. ^ Buckingham-Jones, Sam (11 December 2024). "DAZN chief executive lands in Sydney as Foxtel buyout talks progress". Financial Review.
  20. ^ Ravindran, Manori (January 17, 2022). "DAZN Rejigs Leadership, Appoints Shay Segev as Sole CEO".
  21. ^ "Shay Segev on GVC's past and Entain's future". Gaming Intelligence. Retrieved 2021-02-08.