GVC appoints Shay Segev to lead bwin.party merger integration as new COO

GVC Holdings has announced the appointment of Shay Segev as its new Chief Operating Officer. Segev will be in charge of leading the operators merger integration with bwin.party Entertainment, which it acquired in August for £1.1 billion.

The appointment of Segev the former Chief Operations Officer of Playtech Plc, represents a major coup for GVC.

Segev who had worked for Playtech from 2008-2015 , has been credited with leading the software providers multi-channel product operations and successful integration stratgies with a number of tier 1 betting operators.

Segev will leave his current role as Chief Strategy Officer for Gala Coral Group (July 2015 – to present) to join competitor GVC and its new merged enterprise with bwin.party. GVC governance noted that it expects Segev to join the operator by 1 March 2016, reporting to its board.

Kenneth Alexander, CEO of GVC Holdings, commented on the hire

“I could not be more pleased to welcome Shay to the GVC team. Central to the year on year growth of GVC has been investment in industry leading personnel. Shay is recognised in the industry as one of the leading figures in online gaming. His knowledge and experience of integrating technology businesses across all product verticals, from casino to sportsbook products, will be central to the success of the enlarged GVC/bwin.party group which we expect to complete in early February 2016. Everyone at GVC and bwin.party are excited to be working with Shay and we are confident he will be a key player in the success of one the largest online gaming operators in the world following completion of the bwin.party acquisition.”

Shay Segev, COO of GVC Holdings, commented on joining GVC:

“I am delighted to be joining what I see as the most exciting and innovative opportunity in the online gaming industry. I am looking forward to working with Kenny and his team to deliver world class services and products to an ever increasing audience. My experience at Playtech and Gala Coral is highly transferable and I am confident will deliver for the enlarged GVC and bwin.party group’s shareholders.”