Tag: People

ARC confirms departure of chairman Thorpe

British racecourse operator Arena Racing Company (ARC) has announced that David Thorpe is to step down as its chairman from 30 April.

Thorpe has served in the role since April 2014, prior to which he was chairman of both the Racecourse Association and Arena Leisure.

He also served on the boards of the Horserace Betting Levy Board and British Horseracing Authority.

“I have decided that, after nearly a decade as chairman, it is the right time to step down,” Thorpe said. “I look forward to some more time in retirement, as well as the opportunity to pursue other interests.

“It has been a significant source of pride to see the company flourish and grow over the past few years and without doubt we have assembled an incredibly smart, passionate and hard-working team. I am equally delighted to have been part of creating a new industry structure, a major improvement which should serve the sport well in to the future.

“I am sure the company will only continue to get stronger and more succes..

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MyRacehorse appoints ex-Betfair racing head as marketing director

MyRacehorse, a micro-share horse racing syndicate, has hired ex-Betfair head of racing Will De Nardo to lead on its UK and Ireland marketing efforts.

De Nardo has been appointed as MyRacehorse’s UK and Ireland marketing director and global gaming advisor.

In his new role, he will lead the company’s customer base expansion.

De Nardo joins MyRacehorse after close to 10 years working at various Flutter Entertainment brands, spending time at Sky Betting & Gaming and FoxBet before moving on to Betfair.

“Will brings an additional and important marketing skill set to our UK and Ireland business due to his invaluable experience at Flutter,” said MyRacehorse managing partner Jules Pittam.

“He will be influential in enhancing the owner experience as well as working with new partners as he develops gaming opportunities around the world. We are delighted to have someone of such high calibre join the team.”

de nardo said he aims to replicate the business’ success in new markets

De Nardo sa..

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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 had 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 w..

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

Kambi expects to reduce the headcount of 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 that currently, most spo..

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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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Conor Grant to join Racecourse Media Group as chairman

Former Flutter UK and Ireland CEO Conor Grant has been appointed as the incoming chairman of Racecourse Media Group (RMG).

Grant will initially join as a non-executive director, beginning 1 April 2023, and will succeed chairman Roger Lewis on 1 October 2023. Lewis first joined the RMG board in 2012 and was appointed as chairman in 2019.

Grant has 24 years of experience in the industry, and was most recently chief executive for Flutter UK and Ireland. Before this, he was the chief operating officer of Sky Betting and Gaming.

“I am delighted to be joining Racecourse Media Group at such an exciting time for the business and the broader racing industry,” said Grant. “RMG has delivered outstanding results for its shareholders in recent years and I would like to pay tribute to Roger who has done a fantastic job, along with CEO Martin Stevenson, in growing and developing the business.

“I look forward to working with the RMG team and continuing to deliver for all of our racecourses.”

Outg..

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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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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 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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EPIC brings in Smith as new director of operations

Independent gambling harm minimisation consultancy EPIC Risk Management has named Danielle Smith as its new director of operations.

Succeeding Pete Wallis, Smith will take the lead on a number of key business infrastructure projects at EPIC.

Smith joins the consultancy after almost 13 years with the British army, where she was most recently a life skills developer, having previously been personnel change manager and a commissioned officer in the Royal Military Police.

Prior to this, she spent time as a legal advisor for DWF, a global provider of integrated legal and business services.

“I’ve come into EPIC at quite an interesting point,” Smith said. “There are lots of really tasty projects ongoing and lots of opportunity and potential for the future, so it’s really exciting. I’m super happy to be here, get on board and get involved in the growth of the business.

“What attracted me to EPIC is the passion that everyone has. Passion runs though the company, no matter what level you’re..

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SimWin Sports appoints former DraftKings VP as director

Virtual sports betting operator SimWin Sports has appointed former DraftKings VP Jamie Shea as non-executive director.

Shea has close to 30 years experience in the sports betting industry. She was at DraftKings for four years, where she held the role of VP of sportsbook operations for almost three and a half years and the role of VP of national VIP marketing for 11 months.

Before this, she worked at IGT as a sports betting and PlaySpot specialist and Caesars as a regional sales director.

jamie shea, non executive director, simwin

Currently, she is the chief marketing officer at Strive Gaming.

“Jamie is a real-money gaming all-star,” said David Ortiz, founder of SimWin. “Her work with Strive Gaming, DraftKings and other major players in the real-money gaming world makes her a huge addition to the SimWin team.

“We welcome her guidance as SimWin continues to push towards its first football season, during which she will be integral to the betting and fantasy elements of the game.”

I..

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BHA appoints former Downing Street spokesperson Swift to comms director role

The British Horseracing Authority (BHA) has announced the appointment of Greg Swift, formerly a spokesperson for the prime minister, as its director of communications and corporate affairs.

Scheduled to join the organisation at the end of October, Swift will lead the BHA’s recently restructured Communications and Corporate Affairs department, with Robin Mounsey to serve as interim director prior to his arrival.

The BHA said the new-look department forms part of a wider plan to reform its strategy and structures, with the aim of delivering a more strategic approach to communications and public affairs.

Swift is currently head of news and press secretary to the foreign secretary within the UK government, having previously been head of communications for the Department for Exiting the European Union and the prime minister’s official deputy spokesperson and head of news.

Prior to that, he spent time working in national newspapers, including as assistant editor for the Daily Express.

“..

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