viewNewgioco Group, Inc.

Newgioco adds a seasoned industry player to its board of directors

Cooper brings 37 years of experience, including 9 years as group finance director at GVC Holdings PLC

Cooper was also the founder and CFO of Trident Gaming PLC

Newgioco Group Inc (OTCMKTS:NWGI), a sports betting and gaming company, has announced the addition of industry veteran Richard Cooper to its board of directors. 

In a statement on Tuesday, the company noted that Cooper was the founder and CFO of Trident Gaming PLC, and currently serves as chairman of VR Education PLC (LON:VRE). Previously, he was a non-executive director ad audit-committee chair for Sportech plc, a pool betting operator, and the group finance director at GVC Holdings PLC (OTCMKTS:GMVHF) (LON:GVC), where he spent nine years overseeing its growth strategy, it added.

All told, Cooper brings more than 37 years of finance experience to the group, the Toronto-based company said.

READ: Newgioco Group increases total gaming handle by 23.9% in the latest half year as it grows retail and online business

"We are absolutely thrilled to have Richard join the continuously strengthening team at Newgioco at this stage in our global expansion strategy,” CEO Mike Ciavarella said in the statement. “Richard is a highly recognized industry expert and accomplished sports betting and gaming executive with broad complementary skills and foresight.”

Ciavarella also highlighted the depth and breadth of Cooper’s experiences. 

“His extensive gaming experience with Trident, Sportech and specifically, his 9 years as Group Finance Director at sports betting and gaming company GVC Holdings in developing financial disciplines and reporting, M&A, investor communication, and seeing the group move up from an AIM listing to a FTSE250 constituent, should certainly be of significant value to Newgioco and our shareholders,” the Newgioco CEO said.

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

Quick facts: Newgioco Group, Inc.

Price: 1.825 USD

Market: NASDAQ
Market Cap: $22.81 m

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