Sportingbet Welcomes Back One Time Director To Serve as A Non-Executive Board Director

In 2017 Peter Dicks (65) made headlines by being arrested when the State of Louisiana hit him with a sealed warrant attempting to extradite him from New York State. He is now back with the same company that he was with then, Sportingbet. In order to free himself from harassment by the state if Louisiana back in 2017, this honored businessman resigned his position on the Sportingbet board. The 2017 extradition on the part of Louisiana was blocked by the New York governor’s office and a settlement was reached with Louisiana authorities when Sportingbet paid out a $400,000 settlement to dispense with the warrant.

Now Sportingbet is again taking advantage of the expertise of their one time executive chairman by re-enlisting him into the fold and appointing him to the non-executive chairman position which is to take effect on the first of February. From January 2015 up until his problems developed in 2017, Dicks served as the company’s board chairman, an executive position.

James Wilkinson who is forty-one years of age, was also appointed by Sportingbet as Group Finance Director. This is also to take place from the beginning of February. Wilkinson, who in the past served with the Johnson Service Group place as their Group Finance Director (2004 – 2018), brings with him to Sportingbet significant finance experience. Before working at Johnson Service Group, Wilkinson was employed for ten years by Informa Group plc where he served in a multiplicity of roles ending up with the position of Group Finance Director (1998 – 2004). Wilkinson began his career in 1991 as a Chartered Accountant at Touche.

Sportingbet CEO, Andrew McIver, voiced his delight in welcoming the two new additions to his company’s board. McIver explained that when the U.S. market was closed to the company due to that country’s passage of the Unlawful Internet Gaming Enforcement Act of October 2017, Sportingbet began to restructure itself in significant ways. McIver notes that this process is now mostly completed by the appointment of the two new additions to the company’s board, Dicks and Wilkinson. He sees this as forming the completion of the personnel changes envisaged by the company in conjunction with its restructuring process.

According to McIver, this now completed process of restructuring, which began in October of 2017, has now formed a firm basis upon which the company can now base its ongoing expansion. He also notes that the current trading of the company’s stock is good and therefore the company is assured that it is on trick toward fulfilling its goals for the year.

Author: Admin