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Shay Segev named chief operating officer of GVC
Monday November 30,2015 : GVC APPOINT SHAY SEGEV AS COO OF ENLARGED GROUP
Former Playtech exec, Shay Segev named chief operating officer on completion of bwin acquisition.
Shay Segev, will steer the ship on completion of GVC Holdings plc’s acquisition of bwin, moving from his current role of chief strategy officer into the newly created role of chief operating officer.
Segev comes well equipped for the position having served as chief operating officer at Playtech plc for almost seven years prior to his appointment as chief strategy officer at GVC.
In the newly created role, he will be responsible for strategic and operational direction across the enlarged group and will lead the integration of the GVC and bwin.party technology platforms following completion of the recommended merger, which is expected to occur on 2 February 2016.
"Shay is recognised in the industry as one of the leading figures in online gaming. His knowledge and experience of integrating technology businesses across all product verticals, from casino to sportsbook products, will be central to the success of the enlarged GVC/bwin.party group which we expect to complete in early February 2016,” Kenny Alexander, chief executive officer of GVC Holdings commented.
“Everyone at GVC and bwin.party are excited to be working with Shay and we are confident he will be a key player in the success of one the largest online gaming operators in the world following completion of the bwin.party acquisition."
"I am looking forward to working with Kenny and his team to deliver world class services and products to an ever increasing audience. My experience at Playtech and Gala Coral is highly transferable and I am confident will deliver for the enlarged GVC and bwin.party group's shareholders,” Segev concluded.
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Macau ATM Transaction Limit Lowered -
The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .
Vegas Mobile Casino Gets Live Dealer Games -
Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.
Cosmic Crystals SLot Launches -
1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.
Australian Open To Dunp Gambling Ads -
Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.
BaFin CrackDown on Spread Betting -
The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.
How is the CDC Group Spending its Money -
Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.
Voodoo Slot Released -
The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).
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