Jackpotjoy chief executive departs

Confirming the news, the company was quoted as saying, “several months of careful consideration and in consultation”, it had come to an agreement with McIver that “further operational expertise is needed to ensure the company is best placed to maximize future growth prospects through its core business segment”.

Jackpotjoy has announced a new management structure, with current chairman Neil Goulden to take on the role of executive chairman and assume responsibility for overseeing both the development and execution of the company’s strategy.

Simon Wykes, the new group managing director, will overse the firm’s global markets with senior management teams across the three business segments: Jackpotjoy, Vera&John, and Mandalay.

Wykes previously worked as chief executive of Gala Leisure and managing director at the Gala Coral Group.

“I look forward to bringing my experience from leading digital gaming businesses to the company as well as significant operational experience to market leading brands,” Wykes stated.

Commenting on the management reshuffle, chairman Goulden said, “Simon is a highly experienced executive with an extensive knowledge of the bingo sector and considerable expertise in managing high-volume consumer businesses.

“His experience in the digitalization of gaming businesses will be invaluable in achieving synergies across our main business segments and to drive the future growth of the group.

“On behalf of the board, I would also like to thank Andy for the commitment, leadership and integrity he showed during his tenure, which has seen Jackpotjoy cement itself as the world's largest online bingo-led company following its successful listing on the London Stock Exchange.”