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Playtech Confirms Chair Succession and Board Restructuring

Posted on January 30, 2025 | 9:25 am
Mattingley-to-exit-as-Playtech-chair

Playtech has officially announced that Brian Mattingley will be stepping down as Chair after four years in the role. As part of a structured transition, Mattingley will remain in position for a short period to facilitate the handover to his successor. His departure marks the end of a tenure that saw significant strategic shifts, including the sale of Snaitech and Playtech’s transformation into a predominantly B2B-focused enterprise.

Mattingley, who was appointed Chair in April 2021 following his tenure as CEO of 888, has played a crucial role in Playtech’s strategic evolution. Reflecting on his departure, he stated, “It has been an absolute privilege to serve as Chair of Playtech and to help steward the company through an important phase of growth and transition. I am proud of the milestones we have achieved as Playtech prepares to embark on a new chapter as a predominantly pure-play B2B business.”

Playtech CEO Mor Weizer also expressed his gratitude for Mattingley’s contributions, saying, “Brian has been an outstanding Chair, offering invaluable guidance, constructive challenge, and unwavering dedication to the team during a time of significant transformation at Playtech. We have benefitted enormously from his strong relationships across the industry and his depth of knowledge and experience. His presence on the board will be greatly missed and we wish him the very best.”

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Committee Restructuring and Leadership Adjustments

Alongside Mattingley’s departure, Playtech has outlined several structural changes to its board committees, effective 1 March 2025. The Regulatory & Compliance Committee will merge with the Sustainability & Public Policy Committee, forming a new entity known as the Sustainability & Compliance Committee. This restructured committee will be chaired by Playtech non-executive director Linda Marston-Weston, with senior independent director Ian Penrose and non-executive director Samy Reeb serving as members.

Additionally, Playtech has confirmed that Samy Reeb will assume the role of Chair of the Remuneration Committee, replacing Anna Massion, who is stepping down as non-executive director on 28 February 2025. Reeb will continue to serve as a member of the Audit & Risk Committee while Playtech searches for a new non-executive director to fill Massion’s position.

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Future Outlook and Strategic Focus

Playtech has been undergoing a strategic transformation, focusing on regulated markets and expanding its B2B offerings. The company has recently made significant moves in the European market, including launching a bingo platform in the Netherlands through a partnership with Nederlandse Loterij. Additionally, Playtech has strengthened its live casino presence in Finland via its collaboration with Veikkaus, further solidifying its footprint in regulated territories.

Founded in 1999 and publicly traded on the London Stock Exchange, Playtech stands as a global powerhouse in the gambling industry. The company employs over 7,300 people across 19 countries and is celebrated for its innovative business intelligence software, services, and technology that significantly enhance user experience. Playtech’s offerings span various verticals, including casino games, live casino titles, sports betting, virtual sports, bingo, and poker, solidifying its reputation as a top-tier technology brand.

Source:

“Mattingley to exit as Playtech chair“, igamingbusiness.com, January 29, 2025.

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