Browse articles by topic

Scientific Games appoints Cathryn Lai to digital team


Global gaming supplier Scientific Games has strengthened its digital business with the appointment of Cathryn Lai as senior vice president and general manager for the US market.

Lai (pictured left) joined SG Digital on October 19 after serving as senior vice president of products, marketing and gaming operations for the supplier’s gaming division.

She brings experience within the industry across product and brand management, marketing, operations and process improvement.

Lai will be heavily involved in SG Digital’s US operations, which has seen significant growth through a host of new client sign-ups across its igaming and sports betting product areas.

The company expects further growth in the coming months, as interest in its products from US operators drives ongoing momentum.

Jordan Levin, group chief executive of the supplier’s SG Digital subsidiary, commented: “Cathryn’s talent and expertise is well known to Scientific Games already and we’re excited to have her on board with SG Digital.

“Demand across the U.S. continues at pace following major 2020 commercial deals with Fanduel, Draftkings, Hard Rock, Wynn, Betfred, NetEnt and Betsson among others. Cathryn’s industry knowledge and experience will be highly valuable to our customers as we continue to design and deploy our market-leading solutions across the US.”

Lai added: “I’m delighted to be joining the digital team at Scientific Games. As a team, we have significant momentum across igaming and sports betting.

“I am hugely excited about the opportunity to work with all of our customers and teams across the US to strengthen our relationships and further showcase the power of SG Digital’s technology and services.”

The supplier’s losses increased in the second quarter of 2020 as revenue fell 37.2% to $539m, but the business described the results as “better than expected” given the impact of the novel coronavirus (Covid-19) pandemic.

Its pre-tax loss came to $196m for the quarter, 188.2% more than in 2019. After $2m in tax expenses, its net loss came to $198m, a 164% year-on-year increase from its losses a year prior.