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NEWS 28 June 2016
Andrew McIver returns as new Intertain CEO among other changes
By David Cook
Andrew McIver, former CEO of Sportingbet, has been confirmed as the new CEO of Intertain.

The owner of Gamesys’ customer-facing assets also made the announcement of Neil Goulden taking over as Chairman of the Board and both Goulden and McIver’s positions are effective immediately.

McIver is listed as a non-executive director of consultancy Daniel Stewart and left a position with the same title at digital sports technology provider Chroma Sports in May.

GVC Holdings, now the owner of BwinParty, brought about the end of McIver’s time with SportingBet when it purchased the operator for approximately £485m in 2013, where McIver had been CEO for over six years and CFO for approximately five years prior to that.

Intertain confirmed in February that John Kennedy FitzGerald would be stepping down from the role of CEO, as FitzGerald had informed the board that “the central focus of the Chief Executive Officer will change from asset acquisition to operational excellence and that the board should pursue a process for the recruitment of a new Chief Executive Officer with this demonstrated skill competency”.

That followed an independent committee review, conducted on the back of a report on Intertain published by investment management firm Spruce Point Management, which made various criticisms about the running of Intertain and claimed that FitzGerald had had his licence to practice law surrendered.

Intertain said the report’s claims were “wrong in every material aspect”.

Goulden, who has been in the gaming industry for 25 years, is a former COO, CEO and Chairman of Gala Coral and stood down from being chair of the Responsible Gambling Trust in January.

Another change will be made in the position of CFO, as current CFO Keith Laslop is to become President of Intertain Bahamas, but will continue in the same role until a new CFO is appointed.

Intertain bought the customer-facing assets held by Gamesys Group for £425.8m last year.
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