Jette Nygaard-Andersen led Entain from January 2021 to December 2023. She became the first woman to run a major UK-listed betting and gaming company.
Entain owns Ladbrokes and Coral. It also holds a 50% stake in BetMGM, the US sports betting and casino brand.
Quick Facts
| Full name | Jette Nygaard-Andersen |
| Former title | Chief Executive Officer, Entain plc |
| Tenure as CEO | January 2021 to December 2023 |
| Predecessor | Shay Segev |
| Successor | Stella David (interim) |
| Nationality | Danish |
| Education | University of Copenhagen (MSc, Business, Finance, and Economics) |
| Current role | Interim Chair of the Board, Coloplast A/S |
Career
- Entain plc, Chief Executive Officer, 2021 to 2023
- Entain plc, Non-Executive Director, 2019 to 2021
- Modern Times Group, Chief Executive Officer of MTG International Broadcasting, 2015 to 2018
- Modern Times Group, Chief Executive Officer of MTG Pay-TV and Viasat
- TV, Chairman of the Supervisory Board, 2017 to 2019
- Coloplast A/S, Non-Executive Director since 2015, later Interim Chair
- P. Moller-Maersk, early career role in Denmark
Education
Nygaard-Andersen holds a master’s degree in business, finance, and economics from the University of Copenhagen.
Major Achievements
- Became the first female CEO of a UK-listed betting and gambling company in January 2021
- Named to Fortune’s Most Powerful Women in Business list in 2023
- Ranked second on INvolve’s Top 100 Women Executives list in 2023
- Grew BetMGM’s US net gaming revenue to $944 million in the first half of 2023, up 55% year over year
- Shifted Entain’s strategy toward regulated and regulating markets
- Launched the Entain Forest campaign, aiming for net zero emissions by 2035
Awards and Recognition
- Fortune’s Most Powerful Women in Business, 2023
- INvolve Top 100 Women Executives, second place, 2023
- Recognized for advancing gender diversity through Entain’s Returnship program with McLaren Racing
Career Highlights
Nygaard-Andersen joined Entain’s board as a non-executive director in 2019. She became CEO in January 2021, replacing Shay Segev.
During her tenure, she guided Entain through a £585 million settlement with HM Revenue and Customs. The case involved bribery allegations tied to Entain’s former Turkish business, which was sold back in 2017.
UK courts approved the settlement in December 2023. Nygaard-Andersen stepped down as CEO days later, and Stella David took over on an interim basis.
Under her leadership, BetMGM kept expanding across the United States. Entain also moved away from unregulated markets to focus on licensed operations worldwide.
In Her Own Words
Reflecting on her departure, Nygaard-Andersen said the resolution of the HMRC case gave Entain a clean turning point. She noted, “The Group is now safe, stable and sustainable.”
Frequently Asked Questions
Who is Jette Nygaard-Andersen?
She is a Danish business executive who served as CEO of Entain, the gambling group behind Ladbrokes, Coral, and BetMGM, from 2021 to 2023.
When did Jette Nygaard-Andersen become CEO of Entain?
She became CEO in January 2021, after serving as a non-executive director on Entain’s board since 2019.
Why did Jette Nygaard-Andersen leave Entain?
She stepped down in December 2023, shortly after Entain finalized a £585 million settlement with HM Revenue and Customs over a legacy bribery case tied to its former Turkish business.
What did Jette Nygaard-Andersen achieve as CEO of Entain?
She grew BetMGM’s US presence, shifted Entain toward regulated markets, and launched sustainability initiatives, including the Entain Forest tree-planting program.
What is Jette Nygaard-Andersen doing now?
She serves as Interim Chair of the Board at Coloplast A/S, a Danish medical device company where she has been a non-executive director since 2015.