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CEO of Ladbrokes owner Entain steps down after five months in role

Company will be run on an interim basis by the chair, Stella David, after exit of Gavin Isaacs

The chief executive of Entain has left the business in a surprise move just five months after joining the owner of bookmakers Ladbrokes and Coral.

Britain’s biggest bookmaker said Gavin Isaacs was leaving by mutual agreement, and with immediate effect. Entain’s share price fell by nearly 11% on the news.

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