New CEO for United Tote

Mar 21, 2006 4:09 AM

Joe Tracy, former CEO of United Tote that was recently acquired by YouBet.com Inc. (UBET), has been chosen to spearhead the development of new technology-based games, products and services for commercial and consumer distribution in Las Vegas.

Tracy was recognized for having "led the resurgence of United Tote’s R&D programs." And, "he understands the value that can be gained by leveraging our company’s advanced technology platforms," said Youbet’s Charles Champion.

Succeeding Tracy as United Tote president will be YouBet veteran Jeff True while Joe Hasson, another Youbet executive, will join the United Tote team as vice president of operations.

Once again, Magna Entertainment Corp. (MECA) is looking for a new president. Last week, Tom Hodgson announced he was leaving his post as MECA president and CEO. Hodgson will be replaced by Frank Stronach, company chairman, while a search is conducted for a new CEO.

Hodgson had served as CEO for about one year.

Three key positions in the operation of the Tioga Gaming, Racing & Entertainment center in New York have been filled, according to Nevada Gold & Casinos Inc. (UWN), the owner of a 40% shares of the American Racing and Entertainment LLC, the group that is rebuilding the horse racing facility.

Eric Hans Persson will be senior vice president and general manager; Dwayne Spitzer is the new regional vice president of casino marketing, and Jason Settlemoir is regional vice president of racing and simulcasting.

Persson had service in an executive capacity at Wheeling Island Racetrack and Gaming Center in West Virginia. Spitzer was at one time vice president of marketing for the Turning Stone Casino Resort in New York, and Settlemoir served in a number of positions at Scioto Downs in Columbus, Ohio.

Also, Nevada Gold and Casinos had named Trevor Taylor as general manager and Eric Rose as assistant general manager of the Colorado Grande Casino in Cripple Creek, Colo.

Kevin Mullally has resigned as executive director of the Missouri Gaming Commission to accept a position with Gaming Laboratories International.