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NEW C.E.O. AND PRESIDENT FOR SCIENTIFIC GAMES

NEW C.E.O. AND PRESIDENT FOR SCIENTIFIC GAMES
 
Kevin Sheehan welcomed to land and online gambling supplier group.
 
Scientific Games Corporation announced Friday that Kevin M. Sheehan, former Chief Executive Officer and President of Norwegian Cruise Line, has joined Scientific Games as the companys new CEO and President, and will serve on the companys board of directors.
 
Current Scientific Games CEO and President Gavin Isaacs will become Vice Chairman of the board of directors, with the changes becoming effective immediately, a company statement revealed.
 
Isaacs said in the statement:
 
"Today we are one company with three strong businesses - gaming, lottery and interactive. Our integration is behind us and our business strategies are delivering solid results. With our momentum building, Im moving from an operational leadership position to a more strategic role as Vice Chairman of the Board of Directors.
 
"On behalf of my colleagues and the Board, we welcome our new CEO and President, Kevin Sheehan. This is the right time to grow our leadership team and have someone of Kevins talent, experience, and financial acumen take us to the next phase of growth and innovation."
 
Sheehan joins Scientific Games from Norwegian Cruise Line, where he served as CEO and President for seven years. He led the development and expansion of the company, presiding over strong sales and EBITDA growth and the its initial public offering (IPO), one of the most successful IPOs in 2013.
 
Sheehan broadened the companys reach with new classes of ships including luxury cruising and led the company to profitably, which strategically positioned the it for continued long term growth. During his tenure, he oversaw major initiatives including vastly improving on-board service and amenities across the fleet; expanding the lines European presence; repositioning two of the lines Hawaii-based ships creating a profitable business model; revitalizing top management with a combination of cruise industry and outside expertise; and using his extensive 30-year background in the business world to help Norwegian post a sharp turnaround in profitability in the midst of a tough economic climate.
 
During nine years with Cendant Corporation, Sheehan held various senior executive roles including serving as chairman of the board and Chief Executive Officer of Cendant Corps Vehicle Services Division from January 2003 to May 2005, including global responsibility for Avis Rent A Car, Budget Rent A Car, Budget Truck, PHH Vehicle Management, First Fleet and Wright Express. He also served as the Chief Financial Officer of Cendant Corporation from March 2001 to May 2003.
 
After leaving Cendant and prior to joining Norwegian Cruise Line, Sheehan worked at Cerberus Capital Management as a senior adviser in the assessment of multi-billion acquisition targets and Clayton, Dubilier & Rice, leading the acquisition of Hertz from Ford.
 
Most recently, he served as the John J. Phelan, Jr. Distinguished Professor in the Robert B. Willumstad School of Business at Adelphi University.

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Gambling News :

Pokerstars Now Lead Sponsor of Global Poker League - Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.

Betconstruch invests in Ucrafts - BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.

Plus500 Founders Selling Off Shares - Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.

Rush Golf Live Launches - Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.

British Basketball League in Deal With Perform - The British Basketball League has agreed a six-year deal with Perform, a digital sports content and media group, for the distribution and sale of all global media-related rights.

Ashley Sandyford Sykes Sharing Slot Expertise - Sandyford-Sykes has experience in the development of over a hundred popular online slot titles and led the Quickfire development team at Microgaming.

2016 WPT National Marrakech High Roller Results - Spanish poker pro Nabil Cordoso boosted his career earnings by a useful $66,873 this week when he was awarded the first prize in the PMU.fr WPT National Marrakech High Roller event in Marrakech.

GreenTube and Chopsticks In Partnership - Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.

DraftKings Investigating Collusion Complaint - The stigma of cheating has surfaced again in the daily fantasy sports sector following allegations that two players colluded in a million dollar contest at DraftKings.

Singapore Gambling Exemptions Granted - The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.

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