Directorate Change
27 Januar 2004 - 8:00AM
UK Regulatory
RNS Number:6556U
TradingSports Exchange Systems PLC
27 January 2004
For Immediate Release Tuesday 27th January 2004
TRADINGSPORTS EXCHANGE SYSTEMS PLC
APPOINTMENT OF NON-EXECUTIVE CHAIRMAN
TradingSports Exchange Systems plc ("TradingSports" or "the Company"), the AIM
listed provider of "white label" person-to-person ("P2P") betting exchange
systems, is pleased to announce that it has today strengthened its board with
the appointment of Andrew Tottenham as Non-Executive Chairman of the Company.
The appointment is with immediate effect.
Andrew, aged 46, has extensive experience in the gaming industry. In 1987 he
founded and built Tottenham & Co, the international gaming consultancy, into a
well-known international firm with blue chip clients that included Rank plc and
William Hill.
In 1997, Andrew was appointed President and Chief Operating Officer of Trans
World Gaming Corporation, the US public quoted casino operator. During his time
on the Board, Andrew oversaw the raising of $17 million via a private debt
placing amongst US and UK institutional investors.
In October 2000 Andrew became a Director of Harrods Online Ltd, where his
responsibilities included the development and implementation of the marketing
plan, and the launch of the online casino.
Andrew is the current President of the Internet Gambling, Gaming and Betting
Association (IGGBA). Officially founded in January 2002, IGGBA was created to
address the unique legislative, regulatory and commercial opportunities and
concerns of the I-Gaming industry.
Joe Tighe, the Company's Chief Executive, commented;
"Andrew's understanding and knowledge of the gaming industry, his involvement
with successful gaming corporations, as well as his extensive knowledge of the
regulatory environment will be invaluable to TradingSports as we continue to
pursue our dominant position as a provider of white label, exchange betting
services to the global gaming and betting community."
Andrew Tottenham, the newly appointed Chairman of the Company commented;
"TradingSports shows great potential to become a leading player in the
development of the betting exchange market place. I look forward to working with
TradingSports on fulfilling its considerable potential."
For further information:
TradingSports Exchange Systems plc Tel: 020 8780 6000
Joe Tighe, Chief Executive Officer
Ken Mulvany, Director of Investor Relations
Buchanan Communications Tel: 020 7466 5000
Bobby Morse / James Strong
Background Information
TradingSports, which floated on the London Stock Exchange's AIM in May 2003,
enables its customers to enter the P2P betting market without the substantial
investment of building, developing and maintaining their own P2P exchange
systems. Aimed at the business-to-business market, TradingSports acts as an
aggregator of liquidity from different sports betting companies, enabling them
to benefit from TradingSports' global pool of P2P bettors.
The following additional information is provided in accordance with the AIM
Rules:
Current Directorships of Andrew Tottenham:
Tottenham & Co.
IGCA
Past Directorships of Andrew Tottenham within the last 5 years:
Trans World Gaming Corporation (US)
There is nothing further to disclose in relation to Andrew Tottenham's
appointment under schedule two, paragraph (f) of the AIM rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAPUUBAGUPCGMQ