Scientific Games Employs Alexander Ambrose as CFO

Las Vegas-headquartered developer, Scientific Games, is among the elite of the iGaming industry’s big names. Their innovations have often been copied but rarely matched and it is all down to the core of the creative team and, of course, management with an insight…

…And to further demonstrate their power within the pecking order of this business, Scientific Games’ subsidiary has announced some huge changes at the top of the hierarchy – at the expense of their competitors.

New Colors

The subsidiary in question, SG Digital, has hired Alexander Ambrose as their new Chief Financial Officer (CFO) which will provide an important new asset in company’s ambitious plans for the future…

…Ambrose is former UK finance director at Playtech, another big company among the casino game developers. Before that, he served within the same role at Ash Gaming.

His main focus with his new employers will be SG Digital’s growth in the US, particularly the divisions for iGaming and sports betting, which has been given a dramatic boost this year with state after state regulating and opening their markets for this kind of betting.

Ambrose’s previous experience and vast knowledge brought from companies and organizations he worked with will be of immense significance to SG Digital’s young team based in London office.

In-Depth Experience and Other Merits

SG Digital’s Chief Operating Officer, Jason Walbridge, commented: “Alex is the perfect addition to our team as we level up our product portfolio and continue the rapid transformation of our sportsbook business to meet the needs of our growing U.S. customer base.”

Walbridge added that Ambrose is a financial leader with strong industry expertise, extensive experience leading finance teams in a multi-product environment and that his addition is “vital for the company in this transformational time.”

Scientific Games’ Executive Vice President and Chief Financial Officer, Micael Quartieri, to whom Ambrose will report, himself stated: “We are thrilled to have Alex SG Digital and our global finance team. His in-depth financial experience in iGaming will enable him to drive operational excellence, execute best practices and position us for growth in our iGaming and sportsbook businesses.”

Building a Team:

SG Digital was established in February of this year, after Scientific Games Corporation combined the assets of NYX Gaming Group Limited (purchased not long before that) and the existing SG Interactive subsidiary…

…With headquarters in London, the concern’s leader Matt Davey, creates global business-to-business solutions for digital lottery, gaming and sports betting. Their content and software solutions are worked on by a 1,500 people strong team in 34 offices.

NYX Gaming was purchased by Scientific Games for a total of $626.5 million. At the beginning of September, Scientific Games helped launch a sportsbook in Mississippi with Caesars Entertainment at Horseshoe Tunica and Harrah’s Gulf Coast.

With PASPA repealed by US Senate in May, Scientific is one of the companies who have found themselves in a bevvy of opportunities, some of them already used, for unprecedented expansion in America.

Source:

“Scientific Games Appoints Alexander Ambrose as Chief Financial Officer for SG Ditigal”, europeangaming.eu, October 3, 2018.