The board of Playtech Plc has confirmed the appointment of Samy Reeb as a new Independent Non-Executive Director of the FTSE250 gambling technology group. An expert in tax management and auditing of mass market corporations, Reeb is a former director of EY and Credit Suisse, leading the management of tax affairs for key clients in the US and Asia. Further …
Read More »
Gambling.com Group has moved to strengthen its key investment and stakeholder management, appointing Peter McGough as Vice President of Investor Relations. An expert in representing financial services and emerging technologies, McGough joins Gambling.com executive management from Viridian Capital Advisors – where he led the New York hedge fund’s engagement with equity funds, institutional investors and high-net-worth individuals. Gambling.com further underscored …
Read More »
Kicking off October, SBC begins its ‘spotlight features’ by interviewing Microgaming Senior Partnerships lead Mark Robinson on his unique journey from All Black rugby international to igaming executive. As the industry faces critical questions on how to broaden its workforce appeal to new talent, Robinson reflects on his critical choices and learnings that have seen his career transition from …
Read More »
Spanish business news sources report that Bolsa Madrid gambling group Codere SA has signed a joint-venture agreement with Hard Rock International, which will see both companies develop new gaming properties within Mexico. The joint-venture will begin with Codere and Hard Rock establishing a new ‘tourist complex’ valued at $1 billion, which will see the US leisure and entertainment group develop …
Read More »
Bolsa Madrid gambling group Codere SA has confirmed the appointment of Luis Sanchez Serrano as new Corporate Director for Technology and Digitisation. A fresh face to the gambling sector, Sanchez Serrano is a 23-year veteran of the Spanish financial services industry, having led technology and innovation divisions for Liberbank, Bankinter and Banco Espirito Santo Portugal. Moving forward the executive will …
Read More »
Spanish gambling firm Grupo CIRSA has confirmed that it has secured a €390 million bond placement with private investors. Issuing a market filing, CIRSA majority owned by US private equity firm Blackstone, confirms that 120 institutional investors have backed its bond arrangement, which maintains a 4.75% annual interest rate, with debt maturity triggered in 2025. In its update, CIRSA governance …
Read More »
Representatives of Playtech enterprise founder Teddy Sagi, have today disclosed that the Israeli billionaire has sold his entire remaining shareholding in the FTSE250 technology group. The family office of Teddy Sagi informs that personal investment fund ‘Brickington Trading Ltd’ has approved the sale of 15,193,489 shares in Playtech Plc targeting a £85-90 million transaction, administrated by Credit Suisse Securities. Updating the media, Sagi …
Read More »
Crispin Nieboer, MD of William Hill Online, has confirmed his top team and set the key priorities for the business as it begins its next phase of development. CEO James Henderson confirmed Nieboer’s appointment as MD in May, a role he had held on an interim basis since January. Prior to joining William Hill as Director of Corporate Development in …
Read More »Japanese trading house Nomura Holdings, has predicted that Macau’s gambling industry could suffer an 8% year on year decline in 2016. Entering Q4 2015, the province’s casino industry is witnessing a 30% slump in gross gaming revenues. If Nomura’s prediction becomes a reality, Macau gambling would enter its third year of consecutive year-on-year revenue decline. Asian financial analysts appear downcast …
Read More »
SBC News Voice of the Sports Betting Industry