SG Gaming’s group managing director, Phil Horne, is to take up the role of company CEO when current executive chairman Steve Frater retires on March 31.

Phil Horne

Frater co-founded Global Draw, now a subsidiary of SG Gaming along with Barcrest Group, and was instrumental in the introduction of gaming machines to the UK’s LBO sector.

“My career has been an incredible journey and I leave behind at SG Gaming a fantastic team, as well as a thriving strong business,” he said.

“It has been our long-term plan for Phil to succeed me on my departure and now is the perfect time to do so. I am confident that SG Gaming will continue to go from strength to strength under his leadership.”

Horne described Frater as an “industry innovator.”

“We thank him for his leadership, vision and his hard work to drive the business where it is today. I am very proud to now be leading SG Gaming through to the next phase of growth.”