Issuing a corporate update, Toronto TSX-listed NYX Gaming (NYX) has confirmed the appointment of Todd McTavish to its executive leadership team, taking on the group role of Chief Legal Officer (CLO).
McTavish will be charged with leading NYX group legal and compliance functions across all divisions of NYX expanded operations following the firm’s significant growth via multiple acquisitions within the betting and gaming sectors.
NYX governance was pleased to have secured a ‘key management appointment’ for its growing services. Leading NYX counsel, McTavish has prior tech and gambling legal experience having served as Chief Compliance Officer of Multimedia Games Holdings (2013-2016) and General Counsel for VGT technologies (2011-2013).
Updating investors on the appointment of McTavish Matt Davey, CEO of NYX Gaming Group said:
“Todd joins us with extensive experience in corporate law, business strategy, regulatory and product compliance. We continue to experience rapid growth and we have appointed Todd to add further strength to our senior management team. As a highly diversified group, we have the largest gaming content portfolio for regulated markets in the industry. Combined with our leading Casino products, our Sportsbook technology via OpenBet is the market leader and powers the majority of tier one operators in regulated markets. Todd joins us at a very exciting period of our growth and I’d like to welcome him to the team.”
McTavish backed Davey’s positive comments, stating “NYX has established a highly attractive position in the market across multiple product categories. After a period of strategic M&A the focus of the business has turned to world-class execution. The strength of the combined business will be underpinned by critical decisions within our legal, compliance and strategy functions. I’m looking forward to working with the team as we take NYX through the next phase of its impressive growth story. ”
The role of Chief Legal Officer is effective as of January 16th, 2017, and will be based at NYX Las Vegas Headquarters.