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IGH Interactive Gam

1.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Interactive Gam LSE:IGH London Ordinary Share GB0034347921 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Directorate Change

18/07/2006 8:00am

UK Regulatory


RNS Number:3287G
Interactive Gaming Holdings PLC
18 July 2006




Press release                                                       18 July 2006


                        Interactive Gaming Holdings Plc

                              ("IGH" or "the Group")

                               Board Appointment


Interactive Gaming Holdings Plc, the online sportsbetting and gaming operator,
is pleased to announce the appointment of John Heaton to the Board as Chief
Executive with immediate effect.

John Heaton was Chief Executive of The Tote from 1996 to 2004. In this position,
John was responsible for the whole of the Tote's operations, including pool
betting both on and off the racecourse, 530 high street betting offices, a
telephone betting service with 80,000 customers and a growing Internet business
with 70,000 registered users. As Chief Executive of The Tote, John played a
pivotal role in increasing turnover by 200% and doubling profits. John also has
in-depth experience with media rights negotiations, brand development,
regulation, customer service and betting systems.

In light of the appointment of John Heaton as Chief Executive, Thomas Taule, the
Company's current Chairman and Chief Executive, will be moving to the position
of Executive Chairman. This role will enable Thomas Taule to focus his efforts
on business development, mergers and acquisitions and increasing shareholder
value.

Commenting on the appointment, Thomas Taule, Chairman and Chief Executive of
Interactive Gaming Holdings, said: "I am delighted to announce the appointment
of John Heaton as Chief Executive of IGH. John possesses vast experience and is
a well-respected leader within the gaming industry. This new structure will
ensure that we can maximise efforts to grow the business and increase
shareholder value while also ensuring the continued operational development of
the Group."

Commenting on his appointment, John Heaton said: "I am delighted to be joining
IGH at a very exciting time in their development. They have two excellent brands
in PremierBet and Heathorns and I am very impressed with their vision for the
future."


The following disclosures are being made under Schedule 2(g) of the AIM Rules:


Current directorships and partnerships:
The Betting and Gaming Consultancy Limited
       

Previous directorships and partnerships held within the past five years:

Tote Bookmakers Limited
Tote Credit Limited
Tote Direct Limited



For further information:
Interactive Gaming Holdings Plc
Thomas Taule, Chairman and Chief Executive          Tel: +44 (0) 20 7745 6273
tom@igh.com                                         www.igh.com



Media enquiries
Abchurch
Chris Lane / Franziska Bohnke                       Tel: +44 (0) 20 7398 7700
chris.lane@abchurch-group.com                       www.abchurch-group.com
                                                       


Notes to Editors


Interactive Gaming Holdings plc is a leading online sports betting and casino
operator listed on the AIM market of the London Stock Exchange.


IGH provides its customers with a complete gaming experience offering seamless
integration between traditional sports betting and its casino products.


The Group's strategy is to enhance organic growth by focusing on selective
value-enhancing acquisitions within the online sports betting and gaming
sectors. In addition to IGH's existing customer base, the Company is actively
pursuing, under revenue share agreements, white-label opportunities with
significant brand names.


To date, IGH has made two acquisitions, namely Heathorns, the world's oldest
established bookmakers in March 2005, and PremierBet, a fixed odds bookmaker
based in London, in August 2005.


IGH does not accept wagers from any client within the US on the basis that the
Group believes that to do is in contradiction with current US legislation. IGH
is instead focusing on more stable and dependable markets in an effort to build
sustainable value for its shareholders.


Further information on Interactive Gaming Holdings can be found at www.igh.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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