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Intertain Hires Neil Goulden and Andrew McIver

MANAGEMENT MOVES AT CANADIAN ONLINE GAMBLING GROUP
 
Two well-known names join the board of directors.
 
The Canadian online gambling group Intertain has announced that two industry veterans - Neil Goulden and Andrew McIver have joined the top management as chairman of the board and chief executive officer respectively.
 
McIver replaces former CEO John Fitzgerald Kennedy who has stepped down, along with director Brent Choi.
 
Goulden has many years of top management experience in organisations such as Ladbrokes and the Gala Coral group, and was most recently the chair of the Responsible Gambling Trust. He will steer the board in the critical strategic review the group has undertaken.
 
“Intertain is a company that I think continues to be undervalued, and the Strategic Review has identified potential alternatives to realize that value for the long-term benefit of Intertain, its shareholders and its stakeholders," Goulden said in a statement.
 
McIver was CEO at Sportingbet plc for over six years, having previously served as chief financial officer for the company for many years. Commenting on his new appointment at Intertain he said that the company has "a strong set of core assets" and that he looked forward to taking the group into its next stage of development.
 
David Danziger, a member of the Intertain Special Committee and former chairman of the board who is stepping aside to be replaced by Goulden, will remain as a director of the company, along with existing directors John Fielding, Paul Pathak, Jim Ryan and Noel Hayden.
 
The Special Committee was formed to evaluate the possible sale of Intertain and has reportedly received several offers on which due diligence is being conducted.
 
“Our ongoing discussions reflect a recognition in the market of the value and prospects of Intertains businesses and the power of potentially combining them with other market-leading gaming assets,” Danziger said in a statement.
 
“Similarly, the Strategic Review and the feedback received from shareholders, the market and other stakeholders have highlighted the potential of a greater exposure to European capital markets to help achieve a fuller and more appropriate valuation of Intertains businesses if Intertain continues to operate on a standalone basis.”

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Gambling News :

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

Rooster Slot Launches - “Rooster” offers 243-ways-to-win along with a big chase in the free games bonus round, where all 5-of-a-kinds are multiplied by the lucky number 5!

Scientific Games Completes DEQ Systems Corp Acquisition - Scientific Games has completed its acquisition of table games product developer DEQ Systems Corp after a deal was announced at the end of August 2016 .

Asia Gaming To Showcase Live Dealer Action - Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.

25 Unlicensed Gambling Operators still in Czech Republic - Ondracka claims that the Finance Ministry has not been "resolute" in acting against the illegal operators, who he says include major companies.

2017 Aussie Millions Event 6 - Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.

2017 Ice Totally Gaming - Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.

Prince Edward Island Writes off Casino venture as Bad Debt - The debacle has resulted in stricter financial disclosure rules being introduced with which government ministers and their departments will have to comply - especially regarding loan and other write-offs of taxpayer monies.

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