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Playtech COO Moves to Gala Coral

Thursday July 2,2015 : PLAYTECH EXEC SET TO MOVE TO GALA CORAL GROUP
 
Segev appointed chief strategy officer.
 
Playtech's chief operating officer, Shay Segev, has moved to the Gala Coral Group as chief strategy officer after a nine year career with Playtech which included a relatively brief spell as CEO of Retail operations.
 
Reports in May this year on his appointment as the head of Playtech Retail revealed that the division relies on subsidiary Videobet, and the goal is to "...create a unified experience between traditional gaming such as bookmakers, sports betting, lottery products, and online gaming.
 
Playtech said at the time that Sergev’s appointment furthers the “commitment to innovation, allowing bricks and mortar gaming businesses to connect to the digital mobile world".
 
Segev originally joined Playtech in 2006 as COO of Videobet.
 
A graduate of the Kellogg School of Management at Northwestern University, he is a senior "hands on" executive with 17 years experience in the industry.
 
Whilst at Playtech he played a key role in the Gala Coral Strategic Partnership & Business Transformation,
partnering with the Gala Coral executive team and board, defining their digital strategy, pitching and closing a partnership strategic deal, signing a 10-year contract. The outcome was the turnaround of Gala Coral's digital business, becoming the success story of 2014, growing 400 percent within 3 years.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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