Playtech eyes US expansion adding former Sportech CEO Ian Penrose to its Board

Ian Penrose Playtech board

Online gaming and financial trading company Playtech PLC (LON:PTEC) has announced that Ian Penrose will join the Company’s Board as a Non-Executive Director, from September 1, 2018.

Ian Penrose brings over 20 years of global gaming, technology and leisure sector experience to the Board. He was CEO of Sportech PLC from 2005 to 2017 where he led the strategic repositioning and business turnaround of a declining UK focused business into a global gaming and technology business, primarily based in North America. His strategic and operational knowledge of international regulated gaming markets, particularly in the US, will bring valuable experience to the Board.

Prior to Sportech PLC, Ian was CEO of Arena Leisure PLC from 2001 to 2005, where he led the development of the business into the UK’s largest racecourse and media group. Ian was previously the finance and corporate development director of the company from 1998 to 2000.

In addition, Ian is currently the Non-Executive Chairman of the National Football Museum and a strategic and operational adviser to Alizeti Capital on the acquisition of the UK Tote.

Following his appointment to the Board on September 1, 2018, Ian will be a member of the Audit, Risk & Compliance, Remuneration and Nominations committees.

Alan Jackson, Chairman of Playtech plc, said:

It is with great pleasure that we welcome Ian Penrose to the Playtech Board. Ian led the business turnaround and international repositioning at Sportech PLC and will bring knowledge of the US gambling market in particular, having led strategic initiatives in the region over the last 8 years, and has been personally licensed in several states. His deep sector experience makes him a valuable addition and we look forward to working with Ian, who will bring a fresh and insightful perspective to Board discussions.

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Playtech eyes US expansion adding former Sportech CEO Ian Penrose to its Board

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