Tag Archives: People

James Arnold appointed CEO of The Football Pools

James Arnold appointed CEO of The Football Pools

Industry executive James Arnold has been appointed chief executive of iconic British betting business The Football Pools.

Arnold began his new role earlier this month, at the start of the business’ centenary year.

He joins from Noel Hayden’s LiveScore Group, which runs the Virgin Bet and LiveScore Bet sports betting brands, where he spent three years first as chief operating officer, then chief commercial officer.

Earlier in his career, Arnold worked for the likes of Betway, Boylesports and SportingBet, holding a number of marketing and executive roles during his tenure with each operator.

He replaces Derek Lloyd, who served as CEO of The Football Pools since July 2017.

Arnold said he was “delighted” to take charge of an iconic british brand

“I’m delighted to be joining such an iconic British brand at a time of significant change and development,” Arnold said.

“A lot of good work has already been done to reposition the company for growth and I look forward to working with ..

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Kambi to pursue efficiencies as it aims for €150m profit goal

Kambi to pursue efficiencies as it aims for €150m profit goal

Kambi expects to pursue a more personnel-light strategy within its trading department by 2027 as it pivots to an algorithm-led approach in order to hit an ambitious long-term operating profit target.

Kambi this morning revealed a €150m (£130.9m/$161.9m) earnings before interest and tax (EBIT) target for 2027 and, in a capital markets day, executives outlined how the business intends to reach that figure.

The business also revealed that it expected revenue in 2027 to be between two and three times the size of its 2022 revenue. As the relative growth in EBIT would be larger than the relative growth in revenue, this suggested that Kambi hopes to increase its profit margins as it expands.

Now, the supplier has provided more detail of this, with a pivot towards more algorithmic trading helping to drive the projected increase in efficiency.

Kambi embracing algorithmic trading

Kambi deputy chief executive Erik Lögdberg described this pivot as “third-generation sports betting”. He said th..

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Gaming Society and UNLV partner for research into women’s sports and betting

Gaming Society and UNLV partner for research into women’s sports and betting

Betting education platform Gaming Society and the International Gaming Institute (IGI), a nonprofit academic centre at the University of Nevada, Las Vegas (UNLV) have partnered to conduct research into female sports and betting as well as collaborate on educational development.

The aim of the research is to better understand female sports bettors, women’s sports fans’ attitudes on betting and industry investment in sponsorship of women’s sports.

IGI and Gaming Society will focus on collecting and analysing wide ranges of data in the sports betting, technology and media sector.

“Market research and data on fan behaviour is critical in driving future innovation within the sports betting industry,” Gaming Society co-founder Jaymee Messler said. “Over the past year, Gaming Society has partnered with leading leagues and brands to make sports betting more inclusive and deepen fan engagement, with particular focus on women bettors and women’s sport.”

Additional collaboration between th..

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PointsBet nominates new non-executive director to board

PointsBet nominates new non-executive director to board

PointsBet has nominated William Grounds to its board as an independent non-executive director, in line with its recent activity in the US market.

Grounds previously served as president and chief operating officer of Infinity World Development Corp, an affiliate of Dubai World. Here, he headed up the $7bn (£5.69bn/€6.64bn) investment in CityCenter Resort & Casino in Las Vegas with joint venture partner MGM Resorts International.

He also served as a non-executive director of MGM Resorts International between 2013 and 2021. In this time, the BetMGM venture with Entain was formed after the repeal of PASPA. MGM said this gave Grounds a deep understanding of the igaming market with experience in ongoing governance and oversight of strategy and execution.

He has also been licensed in a number of jurisdictions in the United States.

The appointment comes after the Australia-founded bookmaker expanded its operations in the US igaming market. The company intends to rapidly grow its already p..

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Laila Mintas announces new venture, PlayEngine

Laila Mintas announces new venture, PlayEngine

Former PlayUp US chief executive Laila Mintas has co-founded a new venture, PlayEngine, and joined as chief executive.

The new business is a “microservices-based” B2B sports betting and igaming platform. The business said that it will “provide its customers with a tailor-made, individual solution that is reliable, scalable, fast and secure”.

Its sportsbook offering will allow clients to accept payments from cryptocurrency as well as fiat money and will include a “travelling wallet” to allow players to use the same wallet in different jurisdictions.

PlayEngine was initially created through the Berkeley Skydeck startup incubator.

“I am very excited about being a co-founder and the CEO of PlayEngine,” Laila Mintas said. “The sports betting and igaming market is just too competitive to work off legacy tech.

“There is a huge need for agile and modern technology and I truly believe that we have the most automated and data-driven product in the market, which will enable the sportsbettin..

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Fanatics hires Brandt Iden as VP of government affairs

Fanatics hires Brandt Iden as VP of government affairs

Fanatics Betting and Gaming has hired former Michigan legislator Brandt Iden as its new vice-president of government affairs, as the business edges closer to launching its betting product.

Iden was elected to the Michigan House of Representatives in 2014, until 2020 when he reached the state term limit. During this time he spearheaded the efforts to legalise both sports betting and online casino gaming in the state.

He then joined Sportradar, where he was head of government affairs during a period in which the business went public on the Nasdaq exchange.

Now, he joins Fanatics ahead of the apparel brand’s long-rumoured launch of a sports betting operation.

Read the full story on iGB North America

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Flutter to lay off staff in UK and Ireland

Flutter to lay off staff in UK and Ireland

Betting and gaming giant Flutter will make a number of redundancies in the UK and Ireland, following an internal review.

The business, which operates brands including Paddy Power, Betfair and Sky Bet in the region, did not provide details of how many redundancies there would be or which roles would be affected.

However, a spokesperson did say that it expects the majority of those whose roles are eliminated to find new positions with Flutter. As a result, there would be only a “small number” of job losses.

“These proposed changes reflect the next phase of our integration, as we look to consolidate parallel operating models and position the business to continue growing against a more challenging operating environment,” the spokesperson said.

“While we have sought to minimise the impact this will have on our colleagues, with most employees affected being redeployed into alternative or newly created roles, the proposals may lead to a small number of job losses.

“We are communicatin..

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UK Tote Group names Spencer and Holt non-executive directors

UK Tote Group names Spencer and Holt non-executive directors

Pool betting operator UK Tote Group has appointed Lord Spencer of Alresford and Mark Holt as non-executive directors to its board.

UK Tote said the double addition would support its ongoing growth plans, with the focus on product innovation, better value, improved customer experience and strong partnerships to create more liquidity and bigger pools.

Lord Spencer is an entrepreneur and founder of interdealer broker ICAP, which became a FTSE100 business in 2006, and its successor, electronic markets services provider NEX plc. He is also one of more than 150 investors in UK Tote.

In addition to acting as a board director of a small number of private businesses, Spencer became chairman of the Centre for Policy Studies in 2020.

Holt brings experience and knowledge from his time working in senior technology roles with a number of businesses. These included spells as chief technology officer at CPA Global and chief technology officer for Trainline.

He is currently chief product and engi..

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BHA appoints Alison Enticknap to new strategy role

BHA appoints Alison Enticknap to new strategy role

The British Horseracing Association (BHA) has appointed Alison Enticknap to the newly created role of director of strategy and change.

In her new position Enticknap will lead the BHA’s coordination of industry strategy, and work with colleagues across the industry.

Enticknap’s new role will be placed within the BHA’s new strategy and change department, which is currently in development.

The department will oversee cross-industry projects and project delivery, as well as building capacity.

Enticknap has held the role of interim director of communications and corporate affairs at the BHA since 2021, having first joined the company in 2018.

“I see this role as a huge opportunity for racing to work together to address our biggest challenges and to seize important opportunities, ” said Enticknap. “The prize is enormous if we can collaborate as an industry and get this right.”

“I look forward to working across racing, with its wealth of knowledge and expertise, and helping to secure t..

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SIS appoints new heads for racing trading and esports

SIS appoints new heads for racing trading and esports

Live betting services provider Sports Information Services (SIS) has appointed Adam Conway as head of competitive gaming and Aiden Tracey as head of racing trading.

Conway moves into his new role having previously served as head of racing trading at SIS and will oversee the full operation of the esports-focused SIS Competitive Gaming division.

SIS said the business unit has been built specifically for sportsbooks, allowing bettors to watch and bet on live broadcasts of head-to-head events between gamers on esports titles such as CS:GO, as well as Ebasketball and Esoccer.

Tracey, who previously served as racing trading manager for SIS, will replace Conway. His new remit will be to continue the development of SIS’ trading offering, while also overseeing risk management for operators of all sizes.

Tracey has been with SIS for five years, starting out as lead horse racing trader. Prior to this, he spent eight years with Sporting Index.

“These new appointments serve to further strengt..

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