March 18, 2024

ALVAREZ & MARSAL HIRES MANAGING DIRECTOR TO LEAD BETTING & GAMING SECTOR

Adam Rivers joins A&M’s EMEA Travel, Hospitality & Leisure Practice to lead new Betting & Gaming sector team.

London, 18th March 2024 – Leading global professional services firm Alvarez & Marsal (A&M) continues to expand its EMEA Travel, Hospitality & Leisure (“THL”) Practice with the appointment of Adam Rivers as a Managing Director in London.

Mr. Rivers will lead Betting & Gaming for the firm, leveraging his significant experience in regulatory, strategic, and compliance advisory, acting for both public and private sector clients.

He joins A&M from KPMG, where he led the firm’s gambling sector consultancy work. His work covered a broad range of disciplines, including commercial strategy and complex analytics, regulatory strategy and policy development, regulatory compliance and commercial due diligence in M&A. He is a renowned thought leader in the sector and regular speaker at conferences across the globe.

Ed Bignold, Managing Director and Head of A&M’s Travel, Hospitality and Leisure Practice, said: “Adam's arrival could not be more timely. The betting and gaming industry is growing at pace, and clients from operators to regulators require advice to react to and make the most of the opportunity.  With his wealth of experience and extensive knowledge of the market, Adam is well-equipped to build on our work to-date and grow our offer across the world. As A&M's THL practice continues its expansion, we are uniquely positioned to offer our clients a global perspective and entrepreneurial approach to help address their needs.”

Adam Rivers, Managing Director, and Head of Betting and Gaming sector practice, at Alvarez & Marsal, said: “As the gambling industry undergoes rapid evolution, our clients are grappling with a myriad of challenges, including regulatory shifts, technological advancements and changing consumer behaviour. It's crucial for companies in the sector to adapt to these changes, to help maintain their performance and position themselves for long-term success and profitability. I'm delighted to be spearheading A&M’s betting and gaming offer from the London office. The firm’s unique global platform, which is independent and free of certain conflicts, will enable us to continue developing our market-leading practice.”

Adam will be joined immediately by three further new joiners in team, including two Directors and a Senior Associate:

  • Seamus McGowan joins as a Director, having spent 12 years in consulting with a focus on Betting and Gaming. He specialises in strategic regulatory driven projects, with specific expertise in fiscal affairs, regulatory consultations, and strategic advice during M&A.
  • Charlie Leach also joins as a Director, having spent the majority of his career advising Betting and Gaming clients. His focus is on regulatory compliance, strategy and engagement - from operational advice through to audit and testing - on a multi-jurisdictional basis.
  • James Bentley joins as a Senior Associate, with significant experience in analytical modelling, including econometric demand estimation, optimisation, game design and risk simulation, and marketing effectiveness.
     

CONTACT:   Ellen Johnson
                   
Headland Consultancy, +44 (0)79 0185 3673

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