SG Digital CEO Matt Davey Steps Down in Scientific Games Shuffle
After less than a year at the helm of the Scientific Games subsidiary, CEO Matt Davey is stepping down. Davey is set to be replaced by the current senior vice president for corporate development, Jordan Levin. The changeover is due to come into effect by the end of the year.
Levin has proven a worthy asset to the company this year, leading successful acquisitions and integrations, and has been promoted to the position of executive vice president and group chief executive within the subsidiary. With 12 years of experience working for the developer under his belt, Levin seems to be the best candidate for the position. SG Digital isn’t the only subsidiary facing a reshuffle. In the SG Lottery division, current group chief executive Jim Kennedy is set to become Chairman, with Patrick McHugh replacing him as group chief executive and executive vice president.
These globally-respected leaders and longtime members of our SG family are the best people to continue our growth trajectory, deliver operational excellence and inspire our employees. Pat will leverage his in-depth Lottery experience and proven success at Scientific Games to provide strong operational leadership and innovation.– Barry Cottle, CEO, Scientific Games
Cottle explained that McHugh “will work with Jim to continue to execute our global growth strategies. For SG Digital, Jordan’s digital experience will prove immensely valuable, as he formally takes over our rapidly accelerating digital gaming and sports betting businesses”.
2018 has proven to be a year of ups and downs for Scientific Games. January saw the developer acquire the NYX Gaming Group for a sum of $579 million. This acquisition saw then-NYX CEO, Davey, rise to the position of SG Digital CEO in February. But it hasn’t all been good news. In August charges were filed against Scientific in a highly publicized antitrust suit, which the developer only settled this month.