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Stephen Morana and Peter Isola hired by GVC

Tuesday  February 2,2016 : GVC STRENGTHENS BOARD

Experts in gaming and regulation.

Following the completion of its acquisition of bwin.party and the admission to trading of its shares to the London Stock Exchange Main Market, GVC Holdings has strengthened its board with the appointment of independent non-executive directors Stephen Morana and Peter Isola.

The appointments reflect the company’s commitment to enhanced corporate governance in line with a desire to move up to the Premium Segment of the Main Market in as shorter time as possible.

Stephen Morana currently serves as chief financial officer for Zoopla Property Group Plc but formerly spent ten years with Betfair as chief financial officer and later as interim chief executive officer. He is also a non-executive director of boohoo.com plc, a qualified chartered accountant and a member of the INSEAD alumni.

Gibraltar-domiciled gaming law expert Peter Isola currently holds non-executive directorships at numerous Gibraltar businesses including Gibraltar International Bank Limited, Hercules Fund PCC Limited and Callaghan Insurance Brokers Limited. 

He has been a senior partner at Isolas in Gibraltar since 2007 and was initially called to the Bar of England and Wales and the Gibraltar Bar in 1982.  He is currently a member of the Honourable Society of the Inner Temple and a Council Member of The Gibraltar Bar Council.

"The GVC team is delighted to welcome Non-Executives of Stephen and Peter's calibre to the GVC Board for the start of what will be an exciting new chapter for the Company,” Kenny Alexander, chief executive officer of GVC Holdings PLC commented.  “In these two individuals we have added deeper expertise in online gaming and regulation, two areas which will be central to our continued success as a Company."

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Gambling News :

HeyPoker Closing - The operator is licensed by the UK Gambling Commission and the Malta Gaming Authority, with the registering company listed as Evoke Gaming Ltd.

Can Jack Lam Make Things Right in Philippines - Lam will no doubt seriously consider the offer, having lost access to his Philippines businesses and with charges of attempted bribery and "economic sabotage" and an arrest warrant hanging over his head .

PPA Wants pre-emptive strike against RAWA - It's not just civic associations that are warning against the introduction of a federal ban on online gambling in a denial of states' rights . The Poker Players Alliance action group has begun mustering its over a million US members in a campaign as well.

UK Wants Fixed Odds Betting Terminals Changes - The group, titled FOBT All-Party Parliamentary Group plans to release its full report early in the new year, but for now has claimed that changes to FOBT regulations could help in reducing "associated crime" and problem gambling.

Sportech Wins 8 Year Old VAT case - An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling.

2017 MPN Poker Tour - Main Event packages, worth 1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as 0.25. Each 1,500 package includes:

Realistic Games in deal with Kindred Group - The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.

Opposition to Anti Online Gambling Bill in Congress Lame Duck Session - Action groups appeal to House Appropriations Subcommittee to ensure that RAWA style language is not attached to unrelated spending bill.

DFS banning bill Introduced in Illinois - The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.

Cambodia To More Closely Control Online Gambling - Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.

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