bwin.party has appointed Daniel Silvers as a non-executive director following his nomination to the board by activist investment firm SpringOwl.

Silvers joins the operator’s board with immediate effect and continues to serve as president of SpringOwl Asset Management.

SpringOwl gained the right to nominate one director to the bwin.party board following its acquisition of a 6.1 per cent stake in the business from PartyGaming founders Ruth Parasol and Russell DeLeon. The stake has since been reduced to 5.2 per cent.

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