Founder & Principal, Tottenham & Co
Andrew Tottenham — Founder & Principal
Andrew Tottenham founded Tottenham & Co in 1987 and has spent nearly four decades building one of the gaming industry's most respected and experienced international advisory practices. His career spans every major sector of the global gaming market — land-based casinos and integrated resorts, online gaming, sports betting and lotteries — and has taken him across all five continents, from the emerging markets of Sub-Saharan Africa and Latin America to the most complex regulatory environments in Europe, Asia, and the Middle East.
Before returning full-time to Tottenham & Co, Andrew held senior roles at two of the world's largest gaming companies — as Managing Director Development EMEA at Caesars Entertainment and as Lead Consultant and In-Country Project Lead for Las Vegas Sands Corp in Spain. He has advised on transactions and developments totalling tens of billions of dollars and led negotiations with national governments at Minister level.
Andrew was responsible for creating and implementing the company's European development strategy. Among his principal achievements: he led the UK-based team for the acquisition of London Clubs International plc at US$570 million; negotiated the joint venture and development agreement for the €640 million Caesars España integrated resort in Spain; secured all necessary legislative and regulatory changes with the government of Castilla La Mancha; and obtained €16 million in government subsidies for the project. He also negotiated development and management agreements for casino resort projects in Slovenia and Central Europe, and management agreements for casino operations in Egypt.
Andrew project-managed the pre-development phase of a first-phase €6 billion integrated resort in Spain — at the time one of the largest proposed resort developments in European history. The project encompassed two 3,000-key resort hotels with substantial conference, retail, entertainment and casino components. He led negotiations with the Spanish National, Regional and Municipal governments at Minister level, managed an extensive team of external consultants and internal cross-functional specialists across legal, finance, design, marketing and operations, and secured the comprehensive package of fiscal, legislative and regulatory measures required for the project's viability.
Andrew's consultancy work through Tottenham & Co has encompassed some of the most complex and high-value advisory assignments in the global gaming industry.
He has served as Lead Gaming Consultant on a US$5 billion integrated resort development in the Middle East, creating the development strategy and plan and managing a cross-functional team of architects, master planners, interior designers, lawyers, accountants, financial analysts, hotel operators, casino operators, food and beverage specialists, and other internal and external advisers.
Andrew served as Project Manager for Groupe Lucien Barrière's bid for an integrated resort casino licence in Japan — one of the most competitive and complex licence processes in gaming history. His responsibilities included building and leading the multi-national project team, contracting and managing advisers and consultants of multiple nationalities, overseeing the financial model, coordinating the project's financing, and leading engagement with the Prefectural Government at Governor level.
He has conducted buy and sell side due diligence assignments for private equity firms, debt providers, and strategic investors across multiple geographies, reviewing management strategy, business plans and financial projections, identifying risks and red flags, assessing management capability, and providing ongoing advisory support throughout the investment lifecycle.
Tottenham & Co has produced market analysis, feasibility studies, and economic impact assessments for proposed casino and casino resort developments in more than twenty-five jurisdictions across Europe, the Americas, Asia, Africa, and the Middle East, including assignments for national government ministries, sovereign wealth funds, international operators, private equity firms, and international law firms and accountancy practices.
Andrew developed the industry funding formula that underpinned the funding for research into and education and treatment of problem gambling, led the effort to secure industry commitments of at least £5 million per year, and was instrumental in negotiating the tripartite framework agreed with the UK Gambling Commission and the Department of Culture, Media and Sport — most significantly removing the threat of a statutory levy on the UK gambling industry.
Andrew guided the association through the passage of the landmark UK 2005 Gambling Act, gave evidence to the Parliamentary Cross-Party Scrutiny Committee, chaired the industry working group cooperating with the UK Gambling Commission on the new remote gambling regulatory framework, and negotiated the industry's Code of Practice with GamCare. Under his chairmanship, association membership grew from 20 to 55 members and the iGBBA became recognised by UK Government and European Commission officials as the authoritative voice of the remote gambling sector.
Andrew has also advised government bodies directly, including the Ministry of Finance of Hungary on the development of gambling legislation and regulations and the design and implementation of a tender for eight casino licences, and the Ministry of Finance of Switzerland.
Andrew brought strategic and operational counsel to Groupe Joa, the French casino group owned by Alchemy Partners, which operated 22 casinos across France with annual revenues of approximately €220 million. Alchemy subsequently sold the business to Blackstone and Kings Park Capital in 2017 at a substantial gain.
nQube is an artificial intelligence company specialising in AI-driven casino floor optimisation and broader gaming analytics, including a system whose underlying technology has applications in astrophysics and cancer radiation treatment planning.
Andrew led a strategic review, oversaw key management changes, and raised £3.5 million in institutional funding.
Andrew has held advisory board positions at BPP Business School (London), Bournemouth Business School, and the Centre for Gambling Studies at Salford Business School, Salford University.
He has held gaming licences and regulatory approvals in Louisiana, New Jersey, Great Britain, and the Isle of Man, reflecting the jurisdictional breadth of his operating experience.
Andrew speaks some German, French, and Spanish, an asset that has been of direct practical value across his engagements in continental Europe, Latin America, and Japan.
He writes The Tottenham Report, a monthly column on gaming regulation, strategy, investment and policy distributed to approximately 30,000 gaming industry executives, investors, advisers, and regulators through CDC Gaming.
Andrew has been widely quoted in the international business and financial press on gaming regulation, integrated resort development, and the evolution of legal gaming markets globally.
Andrew has appeared on BBC and Sky News as a commentator on gaming regulation and industry developments, bringing independent expert analysis to breaking news coverage.
Andrew was a guest interviewee on the BBC's HARDtalk programme, one of the BBC's most prestigious long-form interview formats, reaching audiences across the BBC's global broadcast network.