Scientific Games confirmed that O’Loughlin, the senior vice-president sportsbook, resigned in June after four years in position. The group also announced the appointment of a new chief technology officer for the OpenSports division, reporting to Scientific Games chief executive Jordan Levin. According to The Currency, Jordan is leading a $1bn bid for the OpenBet division. Scientific Games is considering various options for divesting the OpenBet business. The departure of O’Loughlin was announced soon after The Currency story went live, although Scientific Games claims he left of his own accord. Scientific Games is evaluating strategic alternatives to divest its sports and lottery businesses. The company aims to reduce debt and focus on growing its digital offerings within three years. Last week, Scientific Games proposed acquiring the remaining 19% of its social gaming division SciPlay Corporation in a $1.9bn deal.
Scientific Games’ departure of O’Loughlin coincides with Eddie Jordan OpenBet bid rumors
Henri Welsh is a seasoned writer with a deep passion for the world of gambling and online gaming. With over a decade of experience in the industry, Henri has cultivated an extensive knowledge of casinos, sports betting, poker, and the rapidly evolving landscape of online gambling. His writing is marked by a keen analytical eye and a talent for breaking down complex topics into engaging, accessible content. Henri's articles provide readers with insightful strategies, industry trends, and in-depth reviews, helping both novices and seasoned players make informed decisions.
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