iGaming Q3 saw the early bets placed back in Q2 2025. Now, when the results are in, Betsson, MGM Resorts, Flutter, Entain, Wynn, and DraftKings leave us curious about the...
Entain appoints Michael Snape as new CFO
On March 6, 2026, Entain CFO Rob Wood will officially step down from his position and be succeeded by Michael Snape, who brings decades of experience in senior finance and leadership.
Although Snape will step up as CFO in February 2026, Wood will remain with Entain until June 2026 in order to facilitate a smooth transition of responsibilities.
Wood commented:
“It has been a privilege and a pleasure to be part of Entain’s growth over the last 13 years. I am proud of the transformation the group has undergone during that time. With Entain’s and BetMGM’s pathway to long-term success well established, now is the right time for me to pass the reins on, and I am confident that the Group has an extremely bright future.”
Snape’s experience includes roles as CFO at Boots, No7 Beauty & International, part of the Walgreens Boots Alliance. He was also the international CFO at Tesco and worked with Waitrose. He will now be joining Entain from his most recent CFO position at International Distribution Services (IDS).
Snape announced:
“I am thrilled to be joining Entain at such an exciting time in its growth and transformation story. I look forward to working with Stella, the Board, and the leadership team to deliver value for all Entain’s stakeholders.”
As of December 10, 2025, Entain’s EBITDA was $1.52 billion, with the total gaming revenue increasing 6% year-on-year. The group stated that it remains in line with market expectations for the 2025 fiscal year.
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