U.S. supplier of gaming equipment Scientific Games Corp says Gavin Isaacs (pictured in a file photo) has resigned his seat on the board and the vice-chairmanship of the company.
Scientific Games told the U.S. Securities and Exchange Commission on Friday that Mr Isaacs resigned on December 3. The company gave no reason for his departure.
The Las Vegas Review-Journal reported that Mr Isaacs would act as a consultant to the company until the end of this year.
The newspaper says the 54-year-old Mr Isaacs was vice-chairman of Scientific Games for over two years.
“Not retiring, just time for a change,” the report quoted Mr Isaacs as saying of his departure from Scientific Games.
“I am planning what my next steps will be. I am committed to getting back into the gaming industry, which I love – not exactly sure in what capacity yet,” the newspaper quoted him as saying.
Mr Isaacs joined Scientific Games in mid-2014, as chief executive. Prior to that, he served as CEO of SHFL entertainment Inc from April 2011 through November 2013. In 2013, he helped complete the US$1.3 billion buy-out of SHFL entertainment by Bally Technologies Inc.
Mr Isaacs was the CEO of Scientific Games when it acquired – in the second half of 2014 – Bally Technologies in a US$5.1-billion deal.
Mr Issacs also worked for Aristocrat Technologies Ltd and Bally Technologies.
Sep 17, 2021The act of a patron leaving their deposits with a Macau casino, via the respective VIP host or a junket, should still be legitimate as long as the deposit funds involved are used only for gambling,...
”We are moving rapidly as we execute on our strategy and the planned divestitures are well-progressed”
President and chief executive of casino equipment provider Scientific Games