The eGaming Integrity compliance service provider on the Isle of Man announced the appointment of Robert Penfold as the head of internal audit, aiming to strengthen its ability to support local license holders in an increasingly strict regulatory environment. Penfold has over 20 years of senior experience in governance, risk, audit, and compliance in the global gaming and financial sectors, having served as the director of internal audit and risk at Playtech for over eight years, and as a member of the company's Audit, Risk & Governance Committee. This appointment is seen as an important move by eGaming Integrity to strengthen its professional team, which will help Isle of Man gaming operators face complex regulatory challenges and compliance requirements.
Appointment Background and Company Profile
eGaming Integrity announced the appointment of Robert Penfold as the head of internal audit, a personnel change aimed at enhancing the company's ability to support Isle of Man gaming license holders. The company was established in 2024, specializing in providing simulated audits, remediation, and consulting services for Isle of Man electronic gaming license holders.
This appointment occurs against the backdrop of the global gaming industry facing increasingly strict regulatory scrutiny, reflecting the company's commitment to strengthening compliance capabilities.
Professional Background of the New Director
Robert Penfold has over 20 years of senior professional experience in governance, risk, audit, and compliance in the global gaming and financial sectors. His career has covered several important positions, with deep accumulation in the field of gaming industry audit and risk management.
Penfold recently served as the manager of governance, risk, and compliance in the Attorney General's Office of the Isle of Man, responsible for implementing risk frameworks and data governance processes across different departments, providing him with valuable experience in understanding the local regulatory environment.
Experience at Playtech
Penfold served as the director of internal audit and risk at Playtech for over eight years, during which he also served as a member of the company's Audit, Risk & Governance Committee. This position provided him with extensive international experience and industry insights.
During his tenure at Playtech, he was responsible for overseeing global audit projects and helping the company cope with complex regulatory environments across multiple jurisdictions, providing a solid practical foundation for his new role.
Early Career and Industry Experience
Before joining Playtech, Penfold held senior positions at Bwin.Party, primarily responsible for leading risk management work in regulated markets such as Spain, Denmark, Italy, Belgium, France, and Gibraltar.
This experience gave him a deep understanding of regulatory requirements and compliance practices in different jurisdictions, providing him with a diversified perspective and approach to risk management in multinational gaming enterprises.
Management's Statement
Emma Shilling, director of eGaming Integrity, commented on the appointment: "This is a milestone appointment for us. Robert has extensive experience, especially his many years as audit and risk director at Playtech, which is a real game changer for eGaming Integrity and our clients."
She further emphasized: "His appointment demonstrates our commitment to providing heavyweight, board-level expertise to Isle of Man license holders in an era of unprecedented regulatory scrutiny."
Vision Statement of the New Director
Penfold himself expressed: "I am thrilled to join eGaming Integrity at such a critical moment in the industry. Most of my career has been dedicated to ensuring that institutions not only meet regulatory requirements but also establish strong, resilient frameworks to protect their businesses and customers."
He added: "I look forward to working with Emma and the team to help our clients strengthen their compliance and governance culture."
Industry Background and Regulatory Trends
The global gaming industry is facing an increasingly strict regulatory environment, especially in compliance audits and risk management. Regulatory authorities are intensifying requirements for operators, raising industry compliance standards.
As an important jurisdiction for the gaming industry, the Isle of Man's license holders need to meet complex regulatory requirements, creating demand for professional service providers like eGaming Integrity.
Scope of Services and Customer Value
eGaming Integrity mainly provides simulated audits, remediation, and consulting services for Isle of Man electronic gaming license holders. These services help operators ensure compliance with regulatory requirements and reduce compliance risks.
By appointing an experienced professional like Penfold, the company can provide higher quality services to its clients, helping them maintain compliance in a strict regulatory environment.
Future Outlook and Industry Impact
This appointment is expected to enhance eGaming Integrity's professional reputation and service capabilities in the gaming compliance field. Penfold's experience and expertise will bring valuable industry insights and practical experience to the company.
In the long term, the inclusion of such professional talent may improve the compliance level of the entire Isle of Man gaming industry, contributing to the industry's sustainable development.
