Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced the appointment of Richard Bayliss, former Senior Online Manager at the UK Gambling Commission, to its Compliance team as Regulatory Compliance Manager.
Richard Bayliss had spent the past 11 years at the UKGC, in a variety of compliance and regulatory roles.
In his new role the company stated that Richard will play a key part in leading the direction of Playtech’s responsible gambling initiatives.
Ian Ince, Group Head of Regulatory Affairs, Playtech, said:
Everyone at Playtech is delighted to welcome Richard. With a wealth of experience with UKGC, his insight will be a major bonus as we strive to stay at the forefront of regulatory compliance developments. I’m certain he will be an invaluable addition to the team.
A commitment to promoting responsible gambling and fostering a safe and entertaining environment for players is central to everything we do at Playtech. Richard’s appointment and his enthusiasm for joining Playtech demonstrate the strength of that commitment, and is a key part of our ongoing investment in exceeding regulatory expectations.
During his 11 years with the UK Gambling Commission, Richard played a central role in monitoring technological and product innovation within the gambling industry and assessing their potential impact on the British regulatory system.
Richard Bayliss, said:
After more than a decade assessing the regulatory impact of technological developments in the industry, I’m looking forward to seeing some of these developments first-hand in my new role. Playtech has long had a reputation as a major innovator in online gambling, and I’m very excited to be joining the team.