In a strategic move, gaming supplier Light & Wonder has made key executive appointments in its iGaming division. Katie Byers has been promoted to Senior Vice President of People Capability, while Daniel O’Donoghue has assumed the role of Chief Operating Officer for iGaming. These significant changes are part of Light & Wonder’s efforts to bolster its leadership team and enhance its presence in the rapidly evolving iGaming industry. In addition to these appointments, the company has expanded its presence in the Americas and entered into a partnership with Shift4 Payments for cashless technology integration. Furthermore, Light & Wonder has proposed an acquisition of SciPlay Corporation, which is currently under review by a special committee of independent directors.
Katie Byers’ Ascension:
Katie Byers, who originally joined Light & Wonder as the Chief Human Resources Officer for iGaming in 2021, has been promoted to Senior Vice President of People Capability. Her remarkable journey within the company showcases her dedication and expertise in enhancing the human resources aspect of the iGaming division.
Daniel O’Donoghue Takes the Helm:
Daniel O’Donoghue, who arrived at Light & Wonder in February 2022 as the Vice President of Transformation, has now been appointed as the Chief Operating Officer for iGaming. This transition signifies the pivotal role he will play in driving operational excellence in the iGaming division.
Niaz Nejad’s Role in the Americas:
Light & Wonder has recently appointed Niaz Nejad as the Managing Director of Gaming for the Americas. This expansion is a testament to the company’s global ambitions and the importance of the American market. Nejad’s role will focus on game development and cross-platform integration, further strengthening the company’s presence in the region.
Partnership with Shift4 Payments:
Light & Wonder has struck a significant partnership with Shift4 Payments, allowing integration of its AToM cashless table-top debit technology with Shift4’s payment processing software. This collaboration enhances the player experience by providing convenient access to funds without the need for cash or leaving the gaming table, which is a notable advancement in the iGaming industry.
SciPlay Acquisition Proposal:
In another major development, Light & Wonder has proposed the acquisition of SciPlay Corporation, a digital games developer. The proposed transaction includes Light & Wonder acquiring SciPlay’s remaining 17% equity interest for a cash price of $20.00 per share. However, it’s essential to note that the company’s shareholders are awaiting the decision from the board and a special committee of independent directors regarding this proposal.
Light & Wonder’s strategic appointments and recent developments in its iGaming division signify the company’s commitment to staying at the forefront of the ever-evolving iGaming industry. With Katie Byers and Daniel O’Donoghue leading the way, the company aims to strengthen its internal operations and elevate its performance. Moreover, the expansion into the Americas and the partnership with Shift4 Payments reflect the company’s global ambitions and its dedication to enhancing the player experience. Finally, the proposed acquisition of SciPlay Corporation marks a significant step in Light & Wonder’s growth strategy, awaiting the final decision from the special committee.