Connect with us

Industry News

Scientific Games Appoints Alexander Ambrose as Chief Financial Officer for SG Digital

Published

on

Reading Time: 2 minutes

 

 

LAS VEGAS – October 3, 2018Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) welcomes Alexander Ambrose as Chief Financial Officer of SG Digital. As CFO of the Company’s newest division, Ambrose will work to propel SG Digital’s growth in iGaming and sports betting. He brings a wealth of industry and leadership expertise from his time as Finance Director of Ash Gaming and, more recently, UK Finance Director of Playtech Plc.

Jason Walbridge, Chief Operating Officer of SG Digital, said, “Alex is the perfect addition to our team as we level up our product portfolio and continue the rapid transformation of our sportsbook business to meet the needs of our growing U.S. customer base. As a finance leader with strong industry expertise, Alex has extensive experience leading finance teams in a multi-product environment. We’re glad to have him on board during this transformational time.”

Michael Quartieri, Executive Vice President and Chief Financial Officer of Scientific Games, added, “We are thrilled to have Alex join SG Digital and our global finance team.  His in-depth financial experience in iGaming will enable him to drive operational excellence, execute best practices and position us for growth in our iGaming and sportsbook businesses.”

Alex will report to Michael Quartieri and will be based in the SG Digital London office.

 

About Scientific Games

Scientific Games Corporation (NASDAQ: SGMS) is the global leader in technology-based gaming systems, table games, table products and instant games and a leader in products, services and content for gaming, lottery and interactive gaming markets. Scientific Games delivers what customers and players value most: trusted security, creative content, operating efficiencies and innovative technology. Today, we offer customers a fully integrated portfolio of technology platforms, robust systems, engaging content and unrivalled professional services. For more information, please visit www.scientificgames.com.

 

 

Company Contacts:

Investor Relations:

Scientific Games: Michael Quartieri +1 702-532-7658

Executive Vice President and Chief Financial Officer

Michael.Quartieri@scientificgames.com


Media Relations:

Scientific Games:  Susan Cartwright +1 702-532-7981

VP, Corporate Communications

susan.cartwright@scientificgames.com

 

 

Forward-Looking Statements

In this press release, Scientific Games makes “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “will,” “may,” and “should.” These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including those factors described in our filings with the SEC, including the Company’s current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on March 1, 2018 (including under the headings “Forward Looking Statements” and “Risk Factors”). Forward-looking statements speak only as of the date they are made and, except for Scientific Games’ ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

 

Source: Latest News at European Gaming Media

Continue Reading

Industry News

Google Allows NJ iGaming Companies to Advertise Using Google Ads

Published

on

By

Google Allows NJ iGaming Companies to Advertise Using Google AdsReading Time: 1 minute

 

Google has updated its Google Ads policy. The behemoth tech corporation will now allow sports betting companies in New Jersey to advertise using the Google Ads.

This decision is a complete reversal of a previous decision by the company to narrow down the presence of gaming apps in the Google Play Store. A number of high-level gaming executives especially in New Jersey have welcomed the new decision.

According to Yaniv Sherman, an 888 executive, the new Google Ads policy update would enable the company to have “a competitive edge, and it broadens the marketing pie for us to choose from.”

The new version of the Google Ads policy is very effective in helping its users to differentiate between regulated-market operators and unlicensed sites targeting users from other parts of the world.

“The Google ads policy on gambling and games will change in june 2019 to allow state-licensed gambling entities to promote sports betting content in new jersey, as part of a limited beta. After the update, advertisers who wish to promote online sports betting content in new jersey must submit a gambling certification request through the updated policy page,” reads a section of the update.”

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Google Allows NJ iGaming Companies to Advertise Using Google Ads

Continue Reading

Industry News

Newgioco Appoints Two Independent Directors to its Board

Published

on

By

Newgioco Appoints Two Independent Directors to its BoardReading Time: 1 minute

 

Newgioco Group Inc., a global sports betting and gaming technology company, has appointed Paul Sallwasser and Steven A. Shallcross as the independent directors of the Board. Sallwasser and Shallcross will also serve on the audit committee, the compensation committee, and the nomination and corporate governance committee of the Board.

“As a key first step towards accomplishing the goals stated in our recent Letter to Stockholders, we are very pleased to announce today the appointment of Paul and Steven to the Board and expect to announce a third independent member in the near future,” Michele (Mike) Ciavarella, CEO said.

“The accomplished caliber of our new Board members and their willingness to work with Newgioco is a testament to our commitment to good corporate governance. Their combined experience with publicly listed companies and SEC reporting will strengthen our ability to understand and address the needs of all our stakeholders. I look forward to working harmoniously with our Board and management team to accelerate the positive momentum of our leading-edge ELYS betting platform in the US sports betting market,” Ciavarella added.

Mr. Sallwasser currently serves as the CEO of the Florida Community Health Network and a director of Youngevity International, Inc. He is a certified public accountant and began his career with Ernst & Young LLP in South Florida. He spent 39 years as a partner of the firm serving some of the largest publicly traded and government healthcare and biotechnology companies across the southeastern United States.

Mr. Shallcross currently serves as CEO, CFO, and Director of Synthetic Biologics, Inc. and is a certified public accountant and senior executive with over 25 years of comprehensive international, financial and operational experience.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Newgioco Appoints Two Independent Directors to its Board

Continue Reading

Industry News

MGA Cancels the Gaming Licence of ASAP Italia SRL

Published

on

By

MGA Cancels the Gaming Licence of ASAP Italia SRLReading Time: 1 minute

 

The Malta Gaming Authority has cancelled the gaming licence of ASAP Italia SRL. ASAP Italia SRL has thus been directed to proceed with the cancellation process of the authorisation, and to suspend all gaming operations with immediate effect.

In addition, a notice on the Authorised Person’s website is to be displayed informing all players that the Authorisation has been cancelled.

Due to the cancellation of the licence, ASAP Italia SRL is, therefore, not authorised to continue conducting gaming by means of distance communications under an Authority licence.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: MGA Cancels the Gaming Licence of ASAP Italia SRL

Continue Reading
Advertisement
NSoft

Trending