With plenty of movers and shakers around the industry, allow CasinoBeats to give you the rundown on a number of recent manoeuvres.
Scientific Games
US gaming tech firm Scientific Games has confirmed that Michael Eklund will become chief financial officer on June 1, 2020, replacing current CFO Michael Quartieri.
Quartieri will remain full time with the company until June 30, 2020, and will subsequently serve in a consulting role through to December 31, 2020.
Eklund spent more than 20 years at Dell Technologies in both financial and operational roles, including leading the value creation and integration function for the $67bn Dell-EMC combination and serving as CFO of Dell’s $40bn-plus Client Solutions Business Unit and Global Operations organisation.
Barry Cottle, Scientific Games CEO, explained: “Mike Quartieri has done an outstanding job over the last four years building a world class financial team, revitalising our financial management and refinancing our debt. The board of directors and I are very grateful for Mike’s constant dedication to the success of the company and its people.
“Mike now wants to move to a new industry with new challenges after many years in the gaming business. He wanted to leave earlier this year but, after the COVID-19 pandemic hit, Mike agreed to stay to help the company with that crisis.
“Mike has led our efforts to reduce our cash burn while preserving key operations, developing plans to manage through the pandemic, preparing to be an even stronger competitor as we emerge from the crisis and working with our lenders to get our credit agreement amended to provide covenant relief. With those key steps taken, we are now ready to proceed with the transition to a new CFO.”
MoneyMatrix
EveryMatrix’s global payments gateway MoneyMatrix has appointed Samoil Dolejan as the company’s new chief executive officer effective immediately.
Dolejan is to be charged with strengthening operational capacity, expanding the entity’s client portfolio, and continuing to increase an ever-growing offering of payments solutions.
As a part of EveryMatrix, MoneyMatrix is based in Malta and is a standalone financial institution regulated by MFSA. MoneyMatrix is currently handling over €100mn in monthly transactions, while successfully catering to over 60 igaming merchants.
Ebbe Groes, Group CEO of EveryMatrix, comments: “I am delighted to have Samoil on board as the CEO of our payments company. Samoil’s experience with EveryMatrix gives him the competitive edge a person in this role needs to understand the operational and financial requirements of clients.
“Over the years, Samoil has become a trusted stakeholder in the company, and I do not doubt that he can keep MoneyMatrix on the path of prosperity and success. He can run the long marathon, not take the easy route, and still achieve his ambitions, which proves he’s the right man for this job.”
Soft2Bet
Casino and sportsbook operator group Soft2Bet has bolstered its operational capabilities after naming Inesa Glazaite as new head of B2B sales, bringing experience from previous senior positions at Omnitel, Sergel Group and most recently NetRefer.
Glazaite’s responsibilities now entail promoting Soft2Bet’s burgeoning B2B offering, featuring products such as Fezbet, a platform boasting 3000 casino games from over 35 providers alongside a variety of sports betting options.
Soft2Bet CEO Boris Chaikin commented on the new hire: “Inesa brings years of impressive commercial experience and an exemplary professional skillset, so we are delighted to welcome her into the Soft2Bet family.
“We have no doubt that Soft2Bet’s cutting-edge B2B portfolio will continue to go from strength to strength under Inesa’s leadership, with a host of exciting launches and major agreements in the pipeline for 2020.”
Quanta
Isle of Man based blockchain lottery operator Quanta has unveiled the appointment of Stelios Michaelides as the group’s new chief compliance officer.
Bringing in excess of 40 years of managerial experience, in which he has ensured optimal financial and business operations across diverse geographies and sectors, Michaelides has been described by his new employers as a strategic thinker that is both internationally-minded and versatile.
Harmen Brenninkmeijer, Quanta’s CEO, stated: “Stelios has sound judgment and ability to identify and resolve complex issues in a dynamic environment. I am confident that he will further Quanta’s ability to successfully navigate the ever-changing business and regulatory landscapes.”
