Lottoland fined by €760k for money laundering
The Gibraltar-regulated iGaming operator – Lottoland (EU Loto), has been fined by the Gambling Commission by €760k, in relation to money laundering.
Jon Hale to be new CFO at Lottoland
Jon Hale has been nominated brand new CFO, following Lottoland’s CEO Nigel Birrell’s order.
Former CFO of 32Red, where Hale worked above 11 years and was instrumental in numerous financial affairs (the most notable of which was a £176 million bargain to the Kindred Group Plc 2017), Hale’s professional portfolio also includes being a certified public accountant at PricewaterhouseCoopers in 1998, becoming a of high-end casino partner at Capital Corporation, in addition to co-founding Property Internet Plc and assisting as Commerce Director of the Sports Café Group Ltd, where Hale oversaw critical portfolio progress in 2011.
In his welcoming statement, Nigel Birrell said:
“I am elated to publicise the appointing of our new CFO Jon Hale. Mr. Hale introduces an incredible amount of expertise in this industry from which we will surely profit on the way to growth and realisation of our projects”.
To which Hale stated:
“I am overjoyed to become part of the Lottoland group and I truly can’t wait to get acquainted with everyone and get habituated. I have witnessed firsthand Lottoland’s incredible journey of growth, while I was located in Gibraltar, and I genuinely applaud that. I am excitedly contemplating to have this opportunity of working with Nigel and his brilliant team and becoming a part of Lottoland’s growth journey.”
Another related news is that last month Lottoland became the most recent co-founder of a grand Diversity Project, committed to diversifying the gaming and betting industry by focusing on improving DEI (diversity, equality, inclusion) and making it a business strategy.
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