Sports betting and gaming technology supplier SBTech has appointed former Scientific Games CEO Gavin Isaacs as its new Non-Executive Chairman.
According to the company, Isaacs joined the SBTech team today, and will be using his two decades of gaming industry experience across a number of senior management positions, with the aim of growing the firm’s expanding US operations.
SBTech already has live agreements in place with leading casinos in states including New Jersey and Mississippi, and is positioning itself in a leading position to take advantage as more states pass legalised gambling bills.
For the past four years Isaacs has been CEO and board member of Scientific Games, and was a driving force behind the company’s mergers and acquisitions, growing the global lottery and gaming supplier’s revenues from $1.3 billion to $2.9 billion in the space of just two years.
Commenting about his new position, Isaacs said:
“I was approached by a number of companies since leaving Scientific Games, however I chose to join SBTech due to its, superior technology, high standards across every discipline, entrepreneurial approach and incredible ambition and potential to grow further across a wide variety of regulated markets including the US where I am based and have an extensive network, knowledge and experience,
“The business has already made significant in-roads into the newly regulated US sports betting market and I am extremely excited to be able to help and advise the senior management team to expand that even further across 2019 and beyond.”
While SBTech CEO, Richard Carter, said:
“We’re thrilled that someone of Gavin’s calibre, credibility and experience has chosen to join SBTech. This is a huge coup for the business,
“Gavin’s two decades of successfully leading, transforming, and acquiring some of the biggest businesses in the gaming sector will be a massive advantage for us, particularly in the US where we have already partnered and gone live with several large brands across multiple states and where there are many more opportunities to grow.”
A qualified lawyer, Isaacs has an impressive record both establishing and leading companies, and prior to his time at Scientific Games he was CEO of SHFL Entertainment, where he grew the company to record revenues.
He also spent five years as COO and Executive Vice President at Bally Entertainment, and in November 2013 whilst with Scientific Games, ended up leading the negotiations to buy his former employer for $1.3 billion.
Before joining Bally, he spent seven years with Aristocrat Technologies, serving as President, Managing Directory and in marketing and business development in Las Vegas, London and Sydney.