Gavin Isaacs, the former CEO of Scientific Games who joined SBTech three weeks ago, has been addressing one of the main drivers behind his decision to join the project after receiving approaches from several organisations.
Speaking of the decision to join SBTech as non-executive chairman, in addition to where he sees the future on the industry, Isaacs commented to SBC News: “I had run several large land-based gaming companies and asked myself whether I wanted to do it again.
“After a great deal of thought, I felt that I needed to look to the future and assess where I could make an impact within an area where I believe the industry is heading, and that is online with sports initially being the main driver.
Adding: “The industry landscape today is changing faster than ever, and the future is very much online. You shouldn’t underestimate the big suppliers on the land-based side as they’re going to play a significant role in shaping how things evolve, but there are some great companies out there such as SBTech that have already made huge progress in all the key regulated markets, and that are going to continue to make huge inroads across new and emerging jurisdictions such as the US.”
Before going on to stress US-based ambitions for the twelve months ahead, in addition to where SBTech’s greatest chance of expansion could arise: “The company entered the US very early on, as soon as the Paspa legislation was repealed. It has signed several significant strategic partnerships with brands in New Jersey and Mississippi, and it has several others in the pipeline ready to announce.
“The potential is huge, and SBTech is investing significantly in its technology and infrastructure on the ground, to enable it to maximise this long-term opportunity.
“Being based in Las Vegas and having worked here for several years across many of the industry’s largest suppliers, I will be able to use my knowledge of the US market to support and grow the company’s US expansion.”