Australia
Crown Resorts Appoints John Borghetti as Chair
The Board of Crown Resorts Limited (Crown) has announced that Mr John Borghetti AO will become Chair of the integrated resort and entertainment group, effective 1 July 2024. Mr Borghetti’s appointment follows Mr William McBeath’s decision to step back as Chair, however Mr McBeath will continue as an independent non-executive director of Crown Resorts Limited.
Mr McBeath was appointed Chair in July 2022 following the acquisition of the business by Blackstone, bringing his extensive global gaming, tourism, and hospitality experience to Crown Resorts as it commenced one of the most significant transformations in Australian corporate history.
Mr McBeath said: “As Chair, my priority was to lead the Board and support the executive leadership team to successfully deliver the extensive regulatory and cultural reform and remediation program for Crown Resorts and to achieve suitability. I am proud that both Crown Melbourne and Crown Sydney have retained their licences to operate during this time, and that the remediation work in Crown Perth is well progressed.
“Now is the appropriate time to appoint an Australian-based Chair who will continue Crown’s focus on transformation, regulatory compliance, and safe and sustainable future growth. I am delighted that John Borghetti will continue this critical work as Chair and lead the Crown Resorts Board in its strategic development of Crown’s businesses in Victoria, New South Wales, and Western Australia, working constructively with Government and regulators.
“Mr Borghetti is a very highly regarded director and executive whose extensive operational, leadership and governance experience will ensure Crown continues to focus on safe and responsible operations whilst growing and enhancing its entertainment experiences for guests of Crown.”
Mr John Borghetti AO said: “I’d like to thank William for his stewardship of the Crown Resorts Board over the past two years during a period of unprecedented transformation and change.
“I look forward to continuing the transformation of Crown Resorts, ensuring the company exceeds the expectations of all its stakeholders, including Government, regulators, guests and team members. The Board’s priority remains on compliant, safe, and profitable operations while ensuring we position the business for future growth.”
The post Crown Resorts Appoints John Borghetti as Chair appeared first on European Gaming Industry News.
Requiring patrons to walk through a gaming room to leave a south Sydney hotel has seen its licensee prosecuted, convicted, and fined.
Mortdale Hotel licensee Paul Whitehead pleaded guilty to breaching the Gaming Machines Act 2001 in Downing Centre Local Court on Tuesday 18 June, following an investigation by Liquor & Gaming NSW.
Liquor & Gaming NSW inspectors conducting compliance checks at the hotel on 18 August 2023 found the main bar’s exit door was locked and the only way to leave the hotel was through the gaming room.
Gaming legislation requires that patrons must not be compelled to pass through a gaming room in order to enter or leave a venue, or to gain access to another area.
Liquor & Gaming NSW Executive Director Regulatory Operations Jane Lin said it was a serious breach of the state’s gaming laws.
“These restrictions are in place to reduce the risks of gambling harm,” Ms Lin said.
“Apart from breaking the law, the licensee put patrons at potential risk of harm by compelling them to walk through the gaming room to leave the venue.
“As this case shows, licensees who fail to abide by gaming machine regulations can expect to be caught and prosecuted.”
The post Hotel licensee fined for forcing patrons to exit through gaming room appeared first on European Gaming Industry News.
Australian gambling services firm Tabcorp Holdings has appointed former Australian Football League (AFL) boss Gillon McLachlan as its chief executive and managing director.
The appointment comes months after former chief Adam Rytenskild resigned over allegedly using “offensive” and “inappropriate” language at the workplace and as the firm navigates a strategic transformation amid heightened competition pressures.
McLachlan was the AFL chief executive for a decade during which he contributed to significant revenue growth and oversaw its expansion.
He will join Tabcorp on Aug. 5 and assume the roles of CEO and MD upon receiving regulatory approvals, the company said. He will receive an annual fixed remuneration of AU$ 1.5 million.
“In the two years since demerger, we have significantly improved our customer offering and delivered key structural reforms in Queensland and Victoria,” Tabcorp Executive Chairman Bruce Akhurst said.
“Gill brings an added dimension of having been responsible for some of the most significant media rights deals in Australian sports history and we’re excited about the potential growth opportunities for our wagering and media business under his leadership,” Bruce Akhurst added.
The post Tabcorp Appoints Gillon McLachlan as MD & CEO appeared first on European Gaming Industry News.
BetMakers Technology Group Ltd, the leading global B2B provider of technologies and services that simplify betting at critical points in wagering, announced the appointment of Mr Carl Henschke as its Chief Financial Officer (CFO), effective 1 July 2024.
Mr Henschke brings over 17 years of experience in financial services, capital markets and legal sectors to BetMakers. He began his career as a solicitor in the corporate team at Herbert Smith Freehills, and for the past decade, he has worked as an investment banker. Most recently he served as Managing Director at Canaccord Genuity, focusing on software and digital businesses, including those in the wagering and betting sector. Mr Henschke’s expertise encompasses financial planning and analysis, strategy, capital management and M&A.
BetMakers CEO Jake Henson said: “We are delighted to welcome Carl as the company’s new CFO. His extensive financial expertise and deep understanding of high growth technology companies make him an ideal fit for BetMakers. Carl’s experience will be important as we continue to refine our operational efficiencies, expand our global presence, and enhance shareholder value.”
The post BetMakers Appoints Carl Henschke as its New Chief Financial Officer appeared first on European Gaming Industry News.
-
Compliance Updates2 weeks agoMGCB Hosts College Sports Betting Panel Discussion on Rules, Regulations, and Compliance
-
Central Europe4 weeks agoBGaming enters Slovakia in partnership with state-owned operator TIPOS
-
Andreia Oliveira COO at Betsul4 weeks agoRubyPlay takes content live with Brazil’s Betsul
-
Press Releases4 weeks agoChange in ZEAL Supervisory Board chair announced for the 2025 Annual General Meeting
-
Eastern Europe4 weeks agoAmazon Games Expands Global Footprint with New Development Studio in Europe
-
FightPFC Rio Challenge4 weeks agoSCCG Management Announced as Title Sponsor for the 1st FightPFC Rio Challenge
-
Latin America4 weeks agoSOFTSWISS Unites iGaming Community to Aid Brazil Floods
-
Baltics4 weeks agoHIPTHER Rocks Tallinn: Unmissable Evening Networking Events at MARE BALTICUM Summit!