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Dominic Harrison departs Gala Coral
The UK online and land gambling group Gala Coral sprang a surprise on the market this week, announcing the unexpected departure of chief executive Dominic Harrison, who was appointed to the post two years ago. He will leave around October 1st.
Harrison's departure comes shortly after the ownership of the group changed. Last month Gala completed a tough restructuring that saw it cut its net debt by GBP700 million and shed its private equity owners in favour of Apollo, Cerberus and Goldman Sachs.
Harrison, whom The Telegraph newspaper reports joined Gala Coral in 2004 and worked for years in the shadow of his predecessor and chairman Neil Goulden, said that he had resigned to “seek new career opportunities”.
Commenting on his departure, the gambling executive said: “After six years with Gala Coral it is time to seek fresh challenges. I wish Neil and the rest of the team all the best as they take the company forward to the next phase in its development and ensure that it remains at the forefront of the sector.”
Market rumour is giving top odds on former Ladbrokes chief Chris Bell as a possible replacement for Harrison, although Goulden has discounted this....sort of.... by saying: “I think that’s unlikely because when he left Ladbrokes he signed non-competes. But never say never.”
In addition to his responsibilities as executive chairman, Goulden will take on the role of interim chief executive until a replacement for Harrison is found.
Goulden said, “Dominic has played a big role in the development of the group over the last six years and we are grateful for his contribution. He leaves with our thanks and best wishes for the future”.
Harrison (47) joined Gala from the Ladbrokes group, and has been a member of the Gala group board since 2005. He is a graduate of Oxford University and a qualified accountant. His early career was spent at KPMG, Diageo and the Bass Group with roles in Strategic Planning,
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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