<!–
<!–
<!– <!–
<!–
<!–
<!–
The chief executive of one of Australia’s biggest gaming companies, Tabcorp, has resigned after allegedly making a crude joke about performing a sex act on a Victorian woman responsible for gaming regulation.
Adam Rytenskild resigned last week after allegedly making sexually inappropriate remarks – which he does not remember making – about gaming regulator Annette Kimmitt, CEO of the Victorian Gambling and Casino Control Commission (VGCCC).
“He (allegedly) said he would perform oral sex on Annette Kimmitt if they got the Victorian license back,” a well-placed source told Daily Mail Australia.
This comment reportedly refers to an impending decision that would affect the company’s profitability during a strategy meeting last year.
This comment was allegedly made in the presence of other senior executives, although the company denies the presence of women at the time.
Adam Rytenskild (pictured) was forced to resign amid allegations of inappropriate and offensive comments.
Annette Kimmitt is the CEO of the Victorian Gaming and Casino Control Commission
The betting giant said the board had become aware of the “inappropriate and offensive language used by Mr Rytenskild in the workplace” and considered it inconsistent with his continued leadership.
Mr Rytenskild resigned from the ASX-listed bookmaker on Thursday but said he did not recall making the offensive comments, which were not specified at the time.
He is reportedly paid more than $2 million per year and also owns $3.36 million in stock. His resignation will cost him up to $10 million in unvested stock and options.
Ms Kimmitt declined to comment when contacted by Daily Mail Australia last week.
VGCCC chair Fran Thorn said the Commission had acknowledged Mr Rytenskild’s resignation following comments he allegedly made about a regulator.
“The Commission will continue to regulate as a strong advocate for the public interest, ensuring integrity, safety and fairness in the gaming industry,” she said.
“I am proud to be president of an organization that champions strong female leadership and a respectful and gender-inclusive work culture.
Last December, Tabcorp was awarded the state’s betting and wagering license for the next 20 years.
Adam Rytenskild is pictured presenting a trophy to coach Annabel Neasham
Chairman Bruce Akhurst has been forced to take on the role of chief executive as the company searches for a new chief executive and chief executive officer.
Mr. Rytenskild was appointed to the role of CEO in June 2022 and served in this role for almost two years.
The high-flying businessman, who lives on Sydney’s leafy north shore, didn’t finish university and started cooking burgers at the age of 19 to support his young family.
“I started on the forecourt making burgers at South Tweed Heads Mobil and then worked my way up,” Mr Rytenskild said of landing the top job.
Chairman Bruce Akhurst has been forced to take on the role of Tabcorp’s chief executive while the company searches for a new boss.
“The Board regrets that Mr. Rytenskild’s employment has ended in this manner and recognizes his commitment to the growth of Tabcorp for more than two decades, including the last two years as Managing Director and CEO, and its contribution to the transformation of the business,” said Mr. Akhurst.
Mr Rytenskild said Tabcorp had been an important part of his life for many years and he believed in how far the company had come.
Tabcorp did not respond to a request for comment.