Industry News
EPIC Risk Management Appoints Les Murray as Managing Director
EPIC Risk Management has appointed experienced business transformation expert Les Murray as its new managing director.
Working closely alongside Founder and CEO Paul Buck, Murray will be helping the organisation to maximise awareness of its education programmes and thought leadership in gambling harm prevention at a time when it has just launched both a US subsidiary, EPIC Risk Management US, PBC and the EPIC Risk Management Pro Sport Advisory Board. The latter is the first body to bring together leaders from around the world of professional sport and eSports in order to find ways of preventing and reducing gaming and gambling harm within those sectors.
EPIC has recently announced a four-year education programme with the Professional Cricketers’ Association (PCA) to deliver projects for the benefit of both male and female professional cricketers within the England and Wales Cricket Board (ECB) system, as well as projects in major sports leagues, corporate institutions and both state and private schools or colleges.
Murray brings experience as a consultant, coach, and facilitator to the organisation, having worked with numerous large blue chip institutions to achieve growth or expand their global reach.
Murray led business transformation programmes as a Director with Collinson Grant, Chairman at Vistage UK, served as Business Development Director for Littlewoods, and a Director with PwC/IM in the consulting services division.
Commenting on his appointment, Murray said he was excited and privileged to take on the role:
“Demand for EPIC Risk Management’s life-changing training and consultancy services has continued to grow during Covid-19.
“I join a uniquely talented organisation established by Paul Buck, and built by the Senior Leadership Team, which increasingly pivots towards international markets. I am honoured to now shape and help lead this socially driven and commercially sustainable business on its future growth journey.
“The work on reducing gambling-related harm has never been more important with the Gambling Act Review in the UK, the acceleration of sports gambling across the US, coupled to enquiries for our support from leading organisations around the globe. I’m excited to get started and look forward to contributing to the high impact work EPIC delivers on helping to take the problem out of gambling.”
EPIC Risk Management Founder and CEO Paul Buck said: “In a field of exciting, high calibre candidates, Les stood out for his undoubted track record of taking organisations to the next level through consultancy and coaching, identifying their strengths and helping them to realise their potential.
“His previous clients have included numerous FTSE 100 and FTSE 250 multinationals, so with our work expanding on an increasingly global level, his experience will be vital in helping our organisation to spread the vital message of how to minimise gambling related harms.
“Les’ warm character is a perfect fit for our organisation, which puts an undoubted focus on the people who work for us and alongside us, and I look forward to seeing the longer-term benefits that his expertise will have on all of those individuals as we establish new projects and break new ground with the territories in which we’ll be delivering.”
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CogniPlay has launched its new software product, which aims to provide a robust online sweepstakes or social gaming platform to its clients. The system is designed to be modular, allowing customers to tailor their brand and offering to what they believe will give them optimal performance.
The CogniPlay system has several key integrations which help to deliver the product, including games integrations with the likes of Pragmatic Play, BetSoft, Mascot Gaming and many more, giving them 100s of games for their clients. There are other integration options for their customers to pick from too, including affiliate programme software, CRM platforms and associated products, KYC, ID verification, Geo-IP systems, Gamification and customer support.
They also have a very long and extensive development pipeline which will see the product offering develop at pace, giving clients an extensive list of options and USPs, and of course giving players a great user experience as a result.
As well as the platform itself the CogniPlay team, due to their considerable experience, also offer a whole host of managed services, with almost a menu that clients can choose from to fill any gaps in their own skillsets or experience.
CogniPlay’s Chief Executive Officer Allan Turner said: “We are very proud to take the CogniPlay product to market and are excited that people who want to start a new social or sweeps brand can get in touch with us to see what we can do for them, or in fact established brands that are unhappy with their existing provider.
“Our underlying principles are that we want to provide the most flexible platform in the space, to enable our clients to create the product they want to have, not for us to dictate the product to them. The two other main areas of focus are that we want to be the most future-proof product on the market with plans for any regulatory or legal changes that may arise in the future, and that we have all the right safeguards in place to ensure that we look after both our clients and players with our responsible gaming setup. This of course means having the right tech and processes in the key areas of KYC, Geo-IP tech, anti-money laundering, fraud, risk assessment and ID verification.”
The post CogniPlay Launches New Social Casino Platform appeared first on European Gaming Industry News.
Hard Rock International
The Mirage Hotel & Casino to Begin Transformation into Hard Rock Las Vegas on July 17, 2024
Hard Rock International (HRI) announced its plans to cease operations of The Mirage Hotel & Casino as of July 17, 2024, to begin the transformation of the property into the highly anticipated Hard Rock Hotel & Casino and Guitar Hotel Las Vegas (HRHCLV).
Hard Rock will develop a new integrated resort featuring a nearly 700 ft. guitar-shaped hotel towering prominently in the center of the famous Las Vegas Strip.
“We’d like to thank the Las Vegas community and team members for warmly welcoming Hard Rock after enjoying 34 years at The Mirage. We’d also like to thank the Unions, community leaders, local and state government organizations and the Gaming Commission for their support and fair negotiations over the past year. Also, we are grateful to MGM for assisting with our transition,” Jim Allen, Chairman of Hard Rock International, said.
“While we pause for the incredible transformation of this iconic property, I’d like to thank all team members at The Mirage for their incredible commitment and helping us provide memorable experiences for our guests. We are planning to host collaborative hiring events with other employers in the Las Vegas community over the coming months. Connecting the thousands of talented Mirage team members who provide outstanding service with new employment opportunities is a top priority,” Joe Lupo, President of The Mirage, said.
HRHCLV is expected to double the current number of jobs at The Mirage for the Las Vegas community, while the renovation of the property will generate over 2500 construction jobs. Hard Rock will pay approximately $80 million in severance packages for eligible union and non-union employees remaining with the property through cessation of operations.
International Game Technology PLC has reported financial results for the first quarter ended March 31, 2024.
“Innovative game, hardware, and systems solutions drove better-than-expected Global Lottery and Gaming & Digital performance in the first quarter. As a result, we are upgrading our full-year 2024 revenue and profit goals, which reflect broad-based momentum across key performance indicators in the balance of the year. We continue to make progress on separating Global Lottery from Gaming & Digital and preparing for the proposed transaction with Everi,” Vince Sadusky, CEO of IGT, said.
Key Highlights:
- Announced Gaming & Digital business to be spun off and combined with Everi Holdings Inc.; transaction expected to close in late 2024/early 2025
- Recognised with top honours at ICE London 2024 awards programmes including “Lottery Product of the Year” and “Best Diversity and Inclusion Employer”
- Received a supply contract extension from the UK National Lottery
- Executed licensing agreement with the Maryland Lottery for IGT’s patented Cash Pop draw-based game
- Mystery of the Lamp named “Top Performing New Premium Game” at 2024 EKG Slot Awards Show
- Awarded contract to provide PeakDual 27 video lottery terminals across Quebec
- Launched iGaming content in Rhode Island
- Achieved AAA MSCI ESG rating, the highest rating possible, and earned a gold medal sustainability rating from EcoVadis.
“We delivered a record organic profit performance in the first quarter, if we exclude Separation & divestiture costs. The Company is operating from a position of strength with historically low net debt leverage, ample liquidity, and manageable near-term debt maturities,” Max Chiara, CFO of IGT, said.
The post IGT Reports First Quarter 2024 Results appeared first on European Gaming Industry News.
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