The legal and fully regulatedOntario sports betting Just 16 days after entering the market, a leading sports betting company made a significant hire on Wednesday.
OpenBet has officially named Stewart Groumoutis as its vice president of commercial activities for the Canadian market. Prior to this, he spent a decade as the eGaming director at the British Columbia Lottery Corp. (BCLC).
During his time at BCLC, Groumoutis became well-acquainted with OpenBet's offerings, as the company provides the lottery with an extensive array of technological solutions, content, and services, as stated in their press release.
Groumoutis expressed his enthusiasm about joining OpenBet, noting, \"My experience at BCLC highlighted OpenBet’s exceptional ability to enhance operational effectiveness, while also keeping an eye on future innovations and trends within the industry.\"
"Having worked as an operator, I have firsthand experience of the hurdles faced by both new and established operators. I aim to ensure that we remain a vital ally in achieving and maintaining success,” he added.
More About OpenBet
In addition to BCLC, OpenBet also collaborates with several other leading lotteries across Canada, such as Atlantic Lottery, Ontario Lottery and Gaming Corp. (OLG), and Loto-Québec, according to their announcement.
"We are thrilled to have Stewart join our team. His understanding of OpenBet’s culture and best practices will be immensely advantageous as we strive to empower more sportsbooks through our unmatched technology, content, and services throughout North America, including Canada,” said Cathryn Lai, chief commercial officer of OpenBet. said in the release .
"In the upcoming months, we foresee heightened commercial engagement as the demand for our products and services continues to surge. With Stewart's addition, we're assembling a formidable team of dedicated individuals that will help OpenBet retain its status as a global leader in sports betting entertainment.\"
An Opportunity for Growth
With Canada and numerous states considering the expansion of sports betting, Groumoutis aims to strategically position OpenBet to seize these emerging opportunities.
"Many states and provinces in North America are currently laying the groundwork for growth, and operators are in search of more than just vendors; they are looking for genuine partners who can facilitate their success,\" he remarked in the press release. \"This has consistently been a cornerstone of OpenBet’s strategy, and I believe it will significantly contribute to our sustained growth.\"
Since launching the marketon April 4 iGaming Ontario has sanctioned 13 operators managing 21 gaming platforms in the province. The Alcohol and Gaming Commission of Ontario (AGCO) has granted 30 operator licenses, with Betway being the latest recipient on Tuesday.
All gaming operators that have registered with AGCO are required to establish an 'Operator Agreement' with iGaming Ontario before launching their services.Ontario app iGaming Ontario was established in 2021 to oversee internet gaming within the province.
Fromdeereplanet.com
