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New Directors For IGT

Friday August 2,2013 : INTERNATIONAL GAME TECHNOLOGY APPOINTS NEW DIRECTORS
 
Brown and Weber appointed to gambling supply company's board
 
International Game Technology announced the appointment of two new directors to its board Friday, naming Eric Brown and Tracey Weber.
 
Brown is COO, CFO and executive vice president of Polycom Inc., and has held the position since 2012. He also serves on the Board of Directors of Electronics for Imaging and chairs its Audit Committee.
 
"With over 20 years of experience in software, gaming and technology, we welcome Eric as a financial veteran to our board," said Phil Satre, IGT's chairman. "Eric's exposure to international markets and his proven leadership allocating capital towards the creation of shareholder value will be a great asset." 
 
Prior to his current position, Brown was CFO for several publicly-traded technology companies, including Electronic Arts Inc. from 2008 to 2012, McAfee Inc. from 2005 to 2008, and MicroStrategy Inc. from 2000 to 2004.
 
"I have always been fascinated by IGT's evolution as an ingenious entertainment content provider," said Brown. "I look forward to contributing my financial and operational expertise as we focus on IGT's expansion around the globe."
 
Brown graduated with a Bachelor's degree in Chemistry from the Massachusetts Institute of Technology (MIT), and earned his Masters of Management Science degree from MIT's Sloan School of Management.
 
Tracey Weber has a strong operational background and successful track record leading strategic digital initiatives for both large global companies and small entrepreneurial firms.
 
She served as CitiBank's managing director for North America Internet, Mobile and Global Product from 2010 to 2013, and was named the 2012 Mobile Banker of the Year. She also served as an executive vice president, Textbooks and Digital Education at Barnes and Noble Inc. in 2010, as well as president, COO, national adviser and other senior leadership roles at Travelocity.com from 2002 to 2010.
 
Weber graduated with a Bachelor's degree in Economics from Harvard University and earned her Master of Business Administration degree from the Wharton School of the University of Pennsylvania.
 
"It is a pleasure to welcome such an accomplished business leader to our Board," said Satre.
 
"Tracey's operational experience in the digital world will enrich our board, helping to guide the company's global convergence strategy and to position us for future growth."

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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