Geoffrey McDowell (pictured) has stepped down as managing director for Asia Pacific from gaming industry equipment supplier SuzoHapp Group. He left the company at the end of 2017, the firm confirmed in a press release.
“Mr McDowell will be assuming a senior position at a company located closer to his home in Melbourne,” in Australia, SuzoHapp said. “This new opportunity allows Mr McDowell to stay within his area of industry expertise while maximising time with his wife and young daughters,” it added.
Mr McDowell joined SuzoHapp in 2013 when the company acquired Transcity Group, a developer of custom hardware solutions for the casino and sports betting industries with operations in Australia and Asia. In 2016, he took on an additional role as general manager of global gaming for SuzoHapp.
“During his time here, he was fully committed to helping our organisation grow,” SuzoHapp’s interim chief executive, Drew Scielzo, said in a statement included in the press release.
“Mr McDowell will continue to be involved with the business as needed during the transitionary period,” the document stated.
SuzoHapp was for many years focused on developing and distributing machine components for equipment operators and original manufacturers in the amusement and gaming sectors. The company is now very active in the cash handling segment, following the acquisition of Italy-based currency technology firm Comesterogroup SRL, and the acquisition of Sweden-based cash handling technology company Scan Coin AB.
Feb 16, 2018Due to the Chinese New Year holiday, the GGRAsia team will be off between February 16 and 19. We will be back on February 20. We wish all our readers a prosperous Year of the Dog!
Dec 29, 2017It could be 2024 before a casino resort is opened in Japan,...
Dec 27, 2017The year 2017 could prove to have been a turning point in...
Oct 25, 2017The deployment of radio frequency identification (RFID)...
”A challenge to Macau's economic model could potentially emerge over the longer term should China revise existing criminal laws that prohibit most forms of gambling in the mainland... Even in such a scenario, Fitch would expect this to occur gradually”
Fitch Ratings Inc