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Holland Casino Extends Contract with Current CEO for Four Years
December 29, 2019 TamaraTam
State-run operator, Holland Casino, has just extended cooperation with its current CEO. It means that current CEO, Erwin van Lambaart, will remain in his position after the expiration of the present contract in 2020. Lambaart has achieved solid results over the past years and regulators are satisfied with his work. For this reason, they decided to prolong cooperation with the same CEO for the next four years.
More About Decision
Dutch Ministry of Finance has made the decision to keep Lambaart in the CEO position after the positive from the supervisory board. The chairman of the board, Willem Bröcker insisted on Lambaart’s skills and capabilities to run casinos.
Bröcker mentioned:
“With the reappointment of Erwin van Lambaart, we ensure the continuity of Holland Casino’s successful strategy. In recent years, he has steered the company through turbulent times in a powerful manner and has ensured stability within the company. In addition, he has successfully managed to unite his team’s interests and the social role of Holland Casino through the ‘HC2020’ strategy, which has been implemented decisively. His knowledge and insights will be of great importance for the company in the coming period.”
Gambling Situation in the Netherlands
The Netherlands gambling industry has fluctuated in previous years. The country looked to privatize Holland Casino and everything appeared to happen earlier this year. The privatization intentions have been dropped by Justice Minister, Sander Dekker, who insisted on other gambling issues rather than privatizations.
One of the current issues in the Netherlands is online gambling. It was approved earlier this year and the government now wants to develop the necessary legal framework for the activity. Giving that Holland casinos don’t have such importance, online gambling seems to be a bigger job than anything else.
Meanwhile, Lambaart promised great things after reappointment. He said:
“I look forward to continuing this great assignment as chairman of the board to make Holland Casino more future-proof and to face the tough challenges ahead. Our successful strategy will be continued in the coming years, including the launch of the online gambling market, the opening of new locations in Venlo and Utrecht, and various product innovations and improvements for our customers.”
Source:
“Holland Casino agrees to give CEO four more years“, Erik Gibbs, calvinayre.com, December 16, 2019.
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It is great to hear the CEO of Holland Casino does a good job and makes positive decisions. The Dutch casino market is going to become one of the most demanded and gamblers are aware of its quality. Lambaart is working good and he deserves reappointment…