Leonard Steinberg, founder of Stanley Leisure and executive chairman of Electronic Game Card, Inc., died suddenly of a heart attack November 2.
Steinberg, Baron of Belfast, founded Stanley Leisure in 1958 with one betting shop. The company ultimately became the largest gaming operator in the United Kingdom with more than 600 shops.
Steinberg was a philanthropist, having founded the Steinberg Family Charitable Trust, and was also an active member of the House of Lords in the U.K.
Electronic Game Card CEO Kevin Donovan and board member Eugene Christiansen will serve jointly in the interim Office of the Chairman while the company contemplates its next move.
“Leonard’s passing gives me much pain and sadness and a tremendous sense of loss for his family, many friends and colleagues,” Donovan said. “All who knew Leonard greatly admired his wisdom, support and personal approach to relationships… While we are all deeply saddened with his passing, management, the board and company consultants will continue to work hard to take this company to the next level, and are accelerating our commitment to growth to honor this great man and the faith he had in us and the future of the company.”