Gavin Isaacs has been named president and chief executive officer of Scientific Games, the US-based parent company of SG Gaming.

Gavin Isaacs

Isaacs, who previously served as CEO of SHFL entertainment and executive vice president and COO at Bally Technologies, succeeds David Kennedy in the role.

"Gavin is a very talented and seasoned gaming industry executive with the necessary skills to lead our company to the next level of growth and performance," said Ronald Perelman, chairman of the board of Scientific Games. "He has an impressive track record of success and is recognised for his dynamic leadership. We believe his focus on customer relationships, strategic thinking and expertise in growing innovation-focused businesses make him the ideal choice to lead our efforts to achieve greater profitability and increased cash flow."

Isaacs said he was joining Scientific Games, which recent acquired gaming machine manufacturer WMS, at an “exciting and challenging time.”

“Scientific Games has a skilled worldwide organisation that is focused on improving performance and growth,” he said. “In collaboration with the entire Scientific Games team, I look forward to working together as we concentrate on creating and distributing innovative products and services to our customers, completing the integration of WMS and enhancing stockholder value."