Nigel Payne
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Nigel Payne (born March 1960) is a British business executive.


Career

He is currently the chairman of AIM Listed Gateley plc, the chairman of private company Green Man Gaming Holdings plc, a non-executive director of AIM listed GetBusy plc, a non-executive director of Ascot Racecourse Betting and Gaming Limited, and a non-executive director of Kwalee limited. From 2000 to 2006 Nigel Payne was the CEO of AIM Listed Sportingbet Plc, one of the largest Internet gambling businesses in the world, leading the business at its peak to a market value of £2 billion. He was a finalist at the Sunday Times Non Executive Director of the Year Awards in April 2016. Nigel Payne was also an adviser to President Clinton's Foundation from 2006 to 2008.


Career at Sportingbet

Payne joined Sportingbet in 2000 as
group finance director The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financi ...
and was appointed group chief executive the following year. He held this post through 2006, guiding the company through numerous acquisitions and a listing on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
. At its peak, Sportingbet was valued at just under £2 billion. Payne stepped down as its chief executive in October 2006 and was succeeded by Andrew McIver. Payne continued to be a non-executive director at Sportingbet, focusing on industry regulation and legal issues. Since November 2006 Nigel Payne is an independent gaming consultant. A native of the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
, Payne has long been an outspoken critic of bans on
online gambling Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in ...
. He appeared on ''
60 Minutes ''60 Minutes'' is an American television news magazine broadcast on the CBS television network. Debuting in 1968, the program was created by Don Hewitt and Bill Leonard, who chose to set it apart from other news programs by using a unique styl ...
''.''60 Minutes'' interview. Published September 17, 2006
/ref> He remains an ardent supporter of legalisation and regulation of the industry.


Notes

Living people Businesspeople in the casino industry 1960 births Date of birth missing (living people) {{UK-business-bio-stub