Shay Segev

Last updated
Shay Segev
Born1976 (age 4849)
NationalityIsraeli
Education Tel Aviv University, Kellogg School of Management
Occupation Businessman
Years active1998 - present
Known forCEO of DAZN
Children4
Website dazngroup.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.

Contents

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

Segev was an executive at software company Mercury Interactive. [6] 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. [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 manage the merger between GVC and bwin.party and deliver €125 million in synergies, transforming the business and returning it to growth. [10] [11] He was also involved in GVC's integration of Ladbrokes Coral and their joint venture with MGM. [12] In 2018, he also joined the board of BetMGM. [13]

In July 2020, Segev succeeded Kenny Alexander as CEO of GVC Holdings, [14] changed the company name to Entain plc, and unveiled a new strategy centred on growth and sustainability. [15] [16] [17] 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. [18] [19] [17]

In June 2021, Segev became co-CEO of sports streaming service DAZN. [20] [21] In January 2022, he was appointed the sole CEO. [22]

Recognition

Segev has appeared in the Gaming Intelligence Hot 50 more times than anyone else. [23]

Personal life

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

References

  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. 1 2 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. Sprung, Shlomo (12 November 2020). "GVC Holdings Renamed Entain; CEO Shay Segev Talks BetMGM Growth, U.S. Expansion, Long-Term Sustainability". Forbes.
  6. Wright, Greg (17 February 2023). "How DAZN's staff in Leeds are 'building a better world' for global sports fans". The Yorkshire Post. Earlier in his career, he held executive positions at ... and global software company Mercury Interactive.
  7. "Mor Weizer on Playtech's decade in the Hot 50". Gaming Intelligence. Retrieved 2021-02-08.
  8. 1 2 "Playtech :: Shay Segev assigned CEO of Playtech Retail". www.playtech.com. Archived from the original on 2020-08-15. Retrieved 2021-02-08.
  9. "Shay Segev joins Gala Coral as chief strategy officer". Gaming Intelligence. 2015-07-02. Retrieved 2021-02-08.
  10. "GVC appoints Shay Segev to lead bwin.party merger integration as new COO". SBC News. 2015-11-30. Retrieved 2021-02-08.
  11. Hoare, Steve (2016). "Resuscitating BWIN.Party". Gaming Intelligence (26): 51–54.
  12. Narayan, Niji (2020-07-17). "GVC Announces CEO Keith Alexander's Retirement". European Gaming Industry News. Retrieved 2021-02-08.
  13. Murphy, Chris (2020-03-09). "Shay Segev: GVC has all the ingredients to lead in the US market". SBC Americas. Retrieved 2021-02-11.
  14. Partridge, Joanna (21 July 2020). "HMRC widens investigation into Ladbrokes owner GVC". The Guardian . Retrieved 21 July 2020.
  15. "Bombshell for Ladbrokes and Coral owner Entain as chief Shay Segev quits". Horse Racing News - Racing Post. www.racingpost.com. Retrieved 2021-02-08.
  16. Sprung, Shlomo. "GVC Holdings Renamed Entain; CEO Shay Segev Talks BetMGM Growth, U.S. Expansion, Long-Term Sustainability". Forbes . Retrieved 2021-02-08.
  17. 1 2 Nadkar, Tanishaa (11 January 2021). "Ladbrokes owner Entain CEO quits days after snubbing MGM approach". Reuters.
  18. Walsh, Dominic. "Shay Segev quits Ladbrokes owner in middle of £8bn takeover battle". The Times . ISSN   0140-0460 . Retrieved 2021-02-08.
  19. "MGM Resorts drops bid for UK owner of Ladbrokes and Coral". The Guardian . 2021-01-19. Retrieved 2021-02-08.
  20. Grater, Tom (17 January 2022). "DAZN Restructures Leadership, Shay Segev Becomes Sole CEO". Deadline.
  21. Buckingham-Jones, Sam (11 December 2024). "DAZN chief executive lands in Sydney as Foxtel buyout talks progress". Financial Review .
  22. Ravindran, Manori (January 17, 2022). "DAZN Rejigs Leadership, Appoints Shay Segev as Sole CEO".
  23. "Shay Segev on GVC's past and Entain's future". Gaming Intelligence. Retrieved 2021-02-08.