Welcome to the Weekend Report, where iGB looks at the news that you may have missed across the last few days. This week: Raketech brings in a new chair who once held the same role at Catena Media, while Alderney appoints its first new commissioner in 15 years.
Raketech appoints new chair
Raketech has appointed Kathryn Moore Baker (main image) as chair of the board of directors following an Extraordinary General Meeting.
Shareholders formally approved all proposals from the board of directors and the nomination committee.
Moore Baker replaces Ulrik Bengtsson as chair, while Magnus Alebo becomes a new member of the board. Moore Baker is formerly the chair of Catena Media and was a board member at GiG between 2021 and 2023.
Shareholders also approved the proposal to introduce provisions for squeeze-out rights. The board has also been authorised to repurchase up to 25% of the group’s own shares before the 2026 Annual General Meeting.
Georgia hits gambling exclusion milestone
Georgia’s national database of those excluded from gambling has surpassed 30,000 individuals for the first time.
Figures released by the nation’s Revenue Service show that 30,451 people are listed in the registry, up nearly 4,000 since early May. Of these, 59 were added by court order while the vast majority (30,392) voluntarily restricted themselves from gambling.
According to Georgia Today, people listed in the database are banned from participating in all forms of gambling, including online platforms and physical establishments. Under Georgian law, registration is valid for five years.
New commissioner in Alderney
Alderney’s Gambling Control Commission (AGCC) has selected Guernsey’s financial crime lead, Richard Walker, to replace departing stalwart Jeremy Thompson among its four strong lineup of superintendents.
Walker led the Guernsey Government’s interagency response to last year’s Moneyval mutual evaluation of the Bailiwick where the AGCC was one of the two AML/CFT supervisors assessed. He is the first new commissioner to be appointed in 15 years.
The chairman of the commissioners, Lord Faulkner of Worcester. said, “This is a landmark appointment for the AGCC.
“We looked across a broad field of possible candidates from many sectors. but it was clear after our conversations with Richard Walker that he has unmatched knowledge in areas that are vital to the continuing success of the AGCC.”
Annexio surrenders IOM B2C licence
Annexio Limited is to cease taking bets under its Isle of Man gaming licence as part of a strategic realignment of its regulatory structure.
The Isle of Man-headquartered group cited the cumulative cost and complexity of maintaining multiple licences globally as the main reason for its decision.
Annexio continues to hold active B2C licences under the UK Gambling Commission, the Jersey Gambling Commission and in Australia’s Northern Territory. It said these jurisdictions will remain its primary regulatory bases going forward.
Annexio’s brands include LottoGo and the Affiliate Empire lottery affiliate programme.
Raketech and Annexio Limited are among those featured in the Weekend Report this week.