Dicks Rejoins Sportingbet

22 January 2008

An old face is back for a new start with Sportingbet.

Peter Dicks has been reappointed chairman of the London-listed group, more than a year after he was arrested in the United States on charges of gambling by computer.

Dicks will once again hold a non-executive role, as he did from January 2000 to September 2006. James Wilkinson, previously of Johnson Service Group and Informa Group, was also named Sportingbet's new finance director.

The two appointments come as part of a "significant restructuring" initiative, according to Sportingbet's chief executive, Andy McIver, which began after the group withdrew from the United States in 2006.

"This (restructuring) is now largely finished and with these two appointments we complete the personnel changes we wished to make as part of that restructuring," McIver said.

McIver added that current trading is "encouraging" and that the group was "confident" it would meet full-year expectations.

On the LSE, Sportingbet closed up 2p, or 4.85 percent, at 43.25.

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