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Intralot Announces New Chief Executive Officer

George Miller

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Intralot Announces New Chief Executive Officer
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INTRALOT announces its BoD decision that Mr. Sokratis Kokkalis, who remains Executive Chairman of the Board, steps down as Group CEO and will be succeeded by Mr. Christos Dimitriadis, effective 9 March 2020. In parallel, Mr. Dimitriadis has been elected Executive Member of the BoD, in replacement of Mr. Dimitrios Klonis.

The Chairman of the BoD, Mr. Sokratis Kokkalis stated: “Following a transition period of reorganization during the last year, the company will evolve with emphasis in the digital technology, with Mr. Dimitriadis as its new Group CEO. Mr. Dimitriadis has a long experience with our company for the past 12 years and possesses in depth knowledge of the technologies in our industry. I wish him every success in his new role.”

Mr. Christos Dimitriadis stated: “I would like to thank the Founder of INTRALOT and Chairman of the BoD Mr. S. Kokkalis for the opportunity that he offers me to contribute from the position of the Group CEO. This is an honor and great responsibility.

INTRALOT is a company with a great history and a promising future. We export technology, products, and services globally. We are proud of our subsidiaries that serve our customers and compose the multinational nature of our company.

INTRALOT is a company with unique DNA that has succeeded to penetrate markets that seemed impossible to establish presence in, a company that leapfrogged from being a spinoff to achieving and retaining a position at the top three of its industry. In my new role I am looking forward to working for the company’s dynamic progress”.

Mr. Dimitriadis joined INTRALOT in 2007. From his previous position he shaped the Group strategy in Technology and managed the delivery of INTRALOT solutions and services to 47 jurisdictions worldwide. He has also built INTRALOT’s Enterprise Risk Management, innovation, cybersecurity, privacy, technology transformation and intellectual property protection frameworks.

He has leadership and Board experience and two terms as Chair of the Board of ISACA, a Global non-for-profit association that serves professional in 180 countries. Mr. Dimitriadis works in the technology sector for 19 years and holds 3 patents and 6 awards. He holds a degree in Electrical and Computer Engineering from the University of Patras and a Ph.D. in Information Security and Technology from the University of Piraeus.

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SkyCity Shuts Down Auckland Casino as New Zealand Re-enters Lockdown

Niji Narayan

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SkyCity Shuts Down Auckland Casino as New Zealand Re-enters Lockdown
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Casino operator SkyCity Entertainment Group has once again closed down its flagship integrated resort SkyCity Auckland, after the New Zealand government revealed four new cases of community transmitted COVID-19 on Tuesday.

The cases have come as a huge shock to the country, which only 24 hours earlier had celebrated 100 days without a single new locally transmitted case of the coronavirus. Auckland has immediately been placed back on Stage 3 restrictions for three days as a precautionary measure, with the rest of New Zealand on Stage 2. Under Stage 3 lockdown, bars and many businesses will be closed, gatherings restricted to 10 people and travel in and out of Auckland mostly prohibited.

SkyCity’s casinos in Hamilton and Queenstown will remain open with social distancing measures in place.

“SkyCity is fully complying with this latest update from the New Zealand government. SkyCity is well prepared to respond quickly to these changes and is in a strong financial position to withstand the financial impacts of these temporary restrictions,” Graeme Stephens, CEO of SkyCity Entertainment, said.

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Industry News

FSB Appoints Glenn Elliott as its Chief Operating Officer

Niji Narayan

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FSB Appoints Glenn Elliott as its Chief Operating Officer
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FSB, one of the fastest growing online gaming technology companies, has appointed Glenn Elliott as its chief operating officer.

Elliott will be working closely with the management team to further develop FSB’s dynamic personnel to become an even better growth partner for its clients in regulated markets around the world.

The role includes responsibility for the account management team as well as full oversight of the company’s five operational service divisions: Sports, Platform, Marketing, Retail and SaaS Hosting.

Before joining FSB, Elliott was at OpenBet where he was a senior account director for tier one operators such as Ladbrokes, PMU, Paddy Power Betfair and Singapore Pools.

“I am delighted to welcome Glenn to the team. Having someone of Glenn’s calibre is hugely valuable for the business, especially at a time when we are expanding into new markets, adding additional products and signing new partners,” Dave McDowell, CEO of FSB, said.

“It is an honour to join the FSB team and to help drive the organisation forward through the next stage of its development. The business is in incredible shape and has a talented and highly motivated team dedicated to ensuring it achieves its full potential,” Elliott said.

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Industry News

EGBA Demands pan-European Consumer Rights for iGaming

Niji Narayan

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EGBA Demands pan-European Consumer Rights for iGaming
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The European Gaming and Betting Association (EGBA) has demanded for the introduction of a specific single set of consumer rights for Europe’s iGaming sector.

The European Commission (EC) will publish its new consumer strategy later this year. The EGBA wants the EC to incorporate its demand into the new strategy. It is now consulting stakeholders for developing a single pan-European set of consumer rights.

EGBA has sent a letter to EC with the following excerpts:

In its submission to the EC, it says: “The lack of regulatory consistency jeopardises online players’ safety, as it exposes them to the unregulated and unsafe websites of the black market, which profits to the detriment of the European economy.

“EGBA advocates sector-specific EU regulation for consumer and minor protection.

“There are simple rules that can be proposed, to ensure that online players, minors and players who are at risk are equally protected.

“For example, self-excluded players could benefit from a European self-exclusion register, that would prohibit access to any regulated website of the EU.

“To bridge the gap stemming from inconsistent rules on protecting minors from gambling marketing, EGBA has recently published a European code of conduct to establish minimum requirements on responsible advertising.

“Greater regulatory cooperation between member states can also facilitate the dialogue to achieve harmonisation.

“To this end EGBA regrets the dissolvement of the European expert group for online gambling, as national gambling regulators are deprived from the opportunity to meet and exchange in the framework of a common platform.”

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