The new appointment will be in charge of overseeing the company’s product development, production, supply chain and sales of the company's gaming products, systems and services.

Albregts will be leaving his post at Electronics Corporation of America where he held the position of CEO and Chairman. The Scientific Games announcement also mentions that he held executive management roles at American Express, NEC and Samsung focusing on enterprise growth.

Commenting on his new role, Albregts said:"I am excited to join Scientific Games as Barry Cottle becomes the new CEO and all SG is poised to continue to lead the industry.

“My passion for driving innovation, promoting operational excellence and executive leadership skills, and experience developing cutting-edge commercial technology will enable me to hit the ground running, executing our growth strategies and continuing our momentum as a Company. I look forward to meeting our customers, understanding players' needs, expanding in new and growing markets and driving growth for our customers and shareholders."

Barry Cottle, CEO, SG Interactive and incoming company CEO, added: "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. 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.”