U.S.-based Scientific Games Corp on Tuesday announced the appointment of Doug Albregts (pictured) as the company executive vice president and group chief executive for gaming. He joins Scientific Games from Sharp Electronics Corp of America, where he most recently served as president and CEO, according to a press release.
Mr Albregts will replace Derik Mooberry as Scientific Game’s chief executive for gaming. Mr Mooberry – who had been in the position since the US$5.1-billion acquisition of Bally Technologies Inc in 2014 – will stay with the company as executive vice president for strategic projects, said Scientific Games.
According to Tuesday’s press release, Mr Albregts will oversee Scientific Games’ product development, production, supply chain and sales of the company’s gaming products, systems and services.
“Given Scientific Games’ diverse range of industry leading products and services, we are very excited that we will be bringing Doug’s deep experience managing a wide range of high-tech businesses and driving innovation across product lines to lead the gaming division,” said Barry Cottle, chief executive of SG Interactive and incoming company CEO, in a statement contained in the release.
He added: “Doug’s proven success at top-notch global technology companies will help us lead the industry in innovation and enable us to execute our growth strategies. I also want to acknowledge Derik Mooberry for his service and leadership at our company and within our industry. We’re looking forward to continuing to work with him.”
Mr Cottle was appointed earlier this month as Scientific Game’s new group CEO and president, effective June 1, 2018.
Commenting on his appointment, Mr Albregts stated: “I look forward to meeting our customers, understanding players’ needs, expanding in new and growing markets and driving growth for our customers and shareholders.”
In early May, Scientific Games announced that Tim Bucher had been named executive vice president and chief product officer across all Scientific Games’ business divisions. The company has recently been involved in a range of merger and acquisition activity, including completing in January the acquisition of NYX Gaming, a specialist in sports betting.
Jul 16, 2019Macau VIP baccarat gross gaming revenue (GGR) fell 15.6 percent year-on-year in the second quarter, according to government data released on Tuesday. The rate of VIP decline was offset by the...
Jul 16, 2019
”I would expect that there might be some clearly-defined criteria … and I’m supportive of a more clearly-defined roadmap for the [gaming] industry”
Co-chairperson and executive director of Macau casino operator MGM China