18.04.2024

by Kajetan Sawicz

Last update: 08.05.2024 12:24

SkyCity Entertainment has a new CEO

SkyCity Entertainment Group has named Jason Walbridge as its new Chief Executive Officer. Set to begin his role in July 2024, Walbridge’s appointment is pending regulatory approval in New Zealand, where SkyCity operates multiple gaming facilities.

Industry Experience

Jason Walbridge brings a wealth of experience to SkyCity, with a career spanning two decades in the gambling sector. He has recently served as a strategic advisor at Bridge Gaming and holds the position of executive chairman at the National Entertainment Network in the US. His previous roles include Chief Operating Officer for the SG Digital arm of Scientific Games, now known as Light & Wonder, and COO at NYX Gaming Group before its acquisition by Light & Wonder in 2018.

Walbridge has also tenure at Aristocrat Leisure, where he held senior roles including Chief Supply Officer and Managing Director for Europe, Middle East, and Africa.

Leadership Transition at SkyCity

Walbridge will replace Michael Ahearne, who stepped down last month. SkyCity first announced Ahearne’s departure in October of the previous year. Until Walbridge assumes his position, Callum Mallet, COO of SkyCity New Zealand, will act as interim CEO.

“It will be a privilege to lead SkyCity,” Walbridge commented on his new role. “I am excited to be joining the business at this time as SkyCity looks to pursue the many opportunities ahead of it.”

SkyCity chair Julian Cook expressed his enthusiasm about the new appointment, stating, “We are looking forward to the valuable contribution Jason will make to the business. Jason has extensive global experience in the land-based and online gaming industries, which will position him well to lead SkyCity through its next phases.”

Recent Changes and Challenges for SkyCity

The appointment of Walbridge is part of broader changes at SkyCity. Last month, Julie Amey announced her resignation as Chief Financial Officer, effective six months from now, and Andrew McPherson was named Chief Information Officer after serving in an interim capacity.

Furthermore, SkyCity faces ongoing legal challenges. The operator and its SkyCity Casino Management subsidiary are currently embroiled in civil penalty proceedings in New Zealand, related to alleged non-compliance with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. The proceedings, which cite historical compliance issues, could result in penalties up to NZ$8 million.

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