Tag Archives: Shay Segev

GVC responds to ‘press speculation’ on former Turkish business  

The board of GVC Holdings has issued a statement dismissing ‘press speculation’ regarding HMRC’s investigation of its disposed former Turkish wagering subsidiary. GVC underlined that HMRC’s investigation is strictly focused on ‘former third-party payment service providers’ whose only link to GVC was the provision of payment services for its former Turkish-facing business.  This July, HMRC confirmed that it had launched …

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GVC promotes Tiku to Group COO as Segev restructures leadership ranks   

GVC Holdings has confirmed the promotion of Sandeep Tiku to Chief Operating Officer (COO), effective immediately as new Group Chief Executive Shay Segev restructures the firm’s senior executive leadership team. A GVC executive since 2014, Tiku has formerly served as Group Chief Technology Officer (CTO) leading key IT directives, system integrations and platform enlargement projects for the FTSE100 betting group.   …

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GVC ‘surprised’ at widening of HMRC’s Turkey investigation

GVC Holdings has confirmed that the HM Revenue & Customs (HMRC) has expanded its investigation into the company’s former online subsidiary in Turkey. The investigation, which began on 28 November 2019, was launched in relation to former third party suppliers, which the operator understood to be related ‘to the processing of payments for online gambling in Turkey’. In 2017, GVC …

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Glynn Carroll to head up Roar Digital’s US trading operations

Roar Digital, the joint venture between GVC Holdings and MGM Resorts in the USA, has promoted Glynn Carroll to head up its sportsbook operations. Carroll has taken on the role of Vice President of Sportsbook Operations and will be relocating to the States once the COVID-19 outbreak subsides.  Carroll originally joined Ladbrokes in 2015 as Director of Trading Operations and …

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BGC praises Kenneth Alexander for driving critical change

Michael Dugher, Chief Executive of the Betting and Gaming Council (BGC), has praised the work of outgoing GVC Holdings Group CEO Kenneth Alexander and his contribution to improving industry standards and driving change through greater responsibility. Yesterday, GVC announced that Alexander had chosen to end his 13-year leadership tenure, and confirmed that the executive would be replaced by COO Shay …

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Revenues down 11% but product depth helps GVC through lockdown

Further to announcing its leadership change this morning, GVC Holdings has published a H1 post-close trading statement informing investors of the firm’s performance under challenging global conditions.  Navigating COVID-19 complexities, GVC underlined that the company was robust and decisive in implementing cost management actions to ensure that the group achieved its objective of operating at a cash neutral position during …

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GVC marks a ‘new era’ as Segev replaces Alexander as CEO 

Kenny Alexander is to step down as CEO of GVC Holdings after 13 years with COO Shay Segev taking control of the FTSE-100 operator almost immediately. Alexander will remain at GVC in the short term as a company executive to support the leadership transition. Confirming the leadership change, Chairman Barry Gibson said: “Kenny has built a remarkable global business, and has …

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GVC finalises Ladbrokes Coral migration

Ladbrokes

GVC Holdings has reached a ‘milestone’ after confirming that it has completed the migration of Ladbrokes onto its proprietary technology platform. The Ladbrokes migration marks the final stage of a ‘complex integration process’ after acquiring the brand in 2018. All brands acquired by GVC have now been migrated onto the GVC platform, including Ladbrokes, Coral, Gala Bingo, Gala Casino and …

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Leading CEOs to shape post-pandemic future for betting industry at SBC Digital Summit

SBC Digital Summit Leadership in Betting Track

The opening day of the SBC Digital Summit will see many of the industry’s highest-profile CEOs share their vision of how sports betting operators can survive the downturn caused by the COVID-19 pandemic and bounce back stronger than ever. A selection of visionary leaders from major international operators headline the roster for the Leadership in Betting track on 27 April …

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GVC strengthens operational division with two new hires

GVC Holdings has strengthened its senior operational management team by announcing the appointment of a new director of payments and compliance, and a new gaming product director. Set to join the operator’s leadership in early November, Gabriele Griesbacher will assume the role of Director of Payments, while Colin Cole-Johnson takes up the role of Gaming Product Director. Shay Segev, Chief …

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