Date: 13.03.2024

by Kajetan Sawicz

Entain Welcomes Ronald J. Kramer as New Independent Non-Executive Director

Entain plc, a frontrunner in the global sports betting and gaming group, is pleased to announce the appointment of Ronald J. Kramer as an Independent Non-Executive Director, effective immediately.

This strategic addition to the Board is expected to bring a wealth of knowledge and experience to the company, bolstering its position in the ever-evolving iGaming and gambling sectors.

Extensive Experience in Corporate Finance and Gaming

Ronald J. Kramer, with a distinguished 40-year career, brings to Entain a deep understanding of corporate finance, real estate, and, most importantly, the gaming industry. Currently serving as the Chairman and CEO of Griffon Corporation and a Board member of Douglas Elliman Inc., Kramer’s background is rich with leadership roles that have honed his expertise in strategic decision-making and governance.

His tenure as President and Director of Wynn Resorts Limited from 2002 to 2008 is particularly noteworthy, offering invaluable insights into the operational and strategic facets of the gaming world. Kramer’s educational credentials, including a Bachelor of Science from the Wharton School of the University of Pennsylvania and an MBA from New York University, further underscore his capability to contribute to Entain’s future growth.

The appointment of Ronald J. Kramer comes at a crucial time for Entain as the company seeks to navigate the complex regulatory and market dynamics of the global gaming industry. Kramer’s proven track record in leadership positions within the industry, coupled with his financial acumen, positions him as an asset to the Entain Board. The Board’s declaration of Kramer’s independence reassures stakeholders of the unbiased and fresh perspective he is expected to bring to the table.

Our Comment on the Article

Ronald J. Kramer’s appointment to Entain’s Board as an Independent Non-Executive Director signifies a strategic move to leverage his extensive experience for the company’s benefit. His background in corporate finance and the gaming industry aligns with Entain’s ambitions to strengthen its position in the global market. Kramer’s addition to the team is not just a testament to Entain’s commitment to excellence but also an indicator of the company’s forward-thinking approach to navigating the future of iGaming and sports betting.