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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.”
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.
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