Ontario Lottery and Gaming chief Rigby to exit

The Ontario Lottery and Gaming Corporation (OLG) has announced that Stephen Rigby is to step down as its president and chief executive after five years at the helm.

Rigby will remain in his role until this summer when a replacement is appointed, and also work with the new leadership to assist with the transition of power.

During his time in charge, OLG’s returns from gambling in the Canadian province has grown from CAN$1.7bn (£950.1m/€1.09bn/US$1.24bn) in 2015 to almost $2.5bn. Growth is to continue into the coming years, reaching $3bn by the state’s 2022-23 fiscal year.

Rigby also oversaw the opening of four new casinos in Belleville, Peterborough, Chatham and Sarnia, while construction is ongoing at other facilities in Pickering, North Bay and the Niagara Falls Entertainment Centre.

Read the full story on iGB North America.