Former boss of Bally joins Scientific Games

Scientific Games have announced that the former CEO of Bally Technologies Richard Haddrill as the new Executive Vice Chairman of the new owner of Scientific Games.

In a filing with Securities and Exchange Commission on Wednesday, Scientific Games said Haddrill, 61, was given a three-year contract with a base salary of $1.5 million per year, along with stock options.

The buyout of Bally Technologies was completed last month for $5.1 billion making Scientific Games one of the biggest gaming companies in the World with services offered ranging from lotteries, slot machines, table games, casino and lottery management systems and interactive gaming.

The company said Haddrill would focus on the company’s “business and financial objectives in connection with the integration of Bally.”

Haddrill will help also with new business development and provide “general strategic guidance” to management.

Richard Haddrill was CEO of Bally from 2004 until 2012. He returned to the CEO’s chair briefly in May and was instrumental for the company’s sale to Scientific Games.

The filing to investors also announced the Gavin Isaacs the CEO of Scientific Games, has a three-year contract worth $1.5 million in base salary, annual bonus incentives between 100% and 200% percent of his salary and stock options.