Gaming platform provider Sportingtech has made a new addition to its executive team with the appointment of Tommy Molloy as chief sportsbook officer.
Molloy joins Sportingtech after three years as sportsbook and trading director at Pronet Gaming. Prior to that, he was head of sports trading at Tabcorp UK.
In his new role, Molloy will oversee and elevate the company’s sports betting offering, accelerating the evolution of Sportingtech’s flagship Quantum platform ahead of the 2022 World Cup.
Molloy will be tasked with further enhancing Sportingtech’s product offering and performance across a number of global territories, particularly Latin America, where the Quantum platform is already thriving.
Commenting on his appointment, Molloy said: “I am thrilled to be joining the talented Sportingtech team at such an important step in the company’s evolution.
“With the proven quality of our widgets and Quantum platform, the Sportingtech product portfolio is second to none, and the upcoming World Cup will be the perfect stage for us to show that.
“The strength of this offering means we can consistently offer operators the means to excel, and I look forward to helping showcase that in the weeks and months to come,” he added.
Sportingtech managing director Bobby Longhurst: “Sportingtech’s strategy for growth has product innovation at its heart, and Tommy represents another vital piece of that puzzle.”
Molloy’s appointment as chief sportsbook officer follows a string of senior hires at Sportingtech.
Bobby Longhurst was recently named as the company’s new managing director, along with Colin McDonagh as chief sales officer, Daniel Stone as head of marketing and Anthony Murphy as head of commercial account management.
Sportingtech MD Bobby Longhurst commented: “Sportingtech’s strategy for growth has product innovation at its heart, and Tommy represents another vital piece of that puzzle.
“His experience and superior knowledge of the sports betting space is hugely valuable to us, and I am confident he will achieve great things as part of the team,” he concluded.
Sportingtech’s omni-channel platform currently processes more than 500 million bets monthly from more than 3 million unique players. Its sportsbook features over 1,000 betting markets across more than 65 sports, covering 400,000+ live events per year.
Greentube, Novomatic’s digital gaming and entertainment division, has appointed Felipe Ludeña as its first chief sportsbook officer, while the brand’s COO Georg Gubo has taken up the position of managing director at Admiral Sportwetten.
Ludeña officially joined Greentube from Novomatic subsidiary Admiral Sportwetten on 1 August 2022, taking a seat on the company’s board as part of a strategic move to strengthen the collaboration between the two brands.
His most recent role at Admiral saw him take the helm as managing director of the Austrian-facing betting brand.
Before joining Novomatic in 2018, Ludeña spent six years at Spanish operator Codere, including three as managing director of its digital division, Codere Online.
Codere underwent a fundamental restructuring last year and as part of this process, the Codere Online division merged with special purpose acquisition company DD3 Acquisition Corp II, with its shares now trading on the Nasdaq.
Commenting on his appointment as chief sportsbook officer, Felipe Ludeña said: “With our continued strong performance in regulated markets across the world, it is a natural evolution for Greentube to fully immerse itself in the wider entertainment industry.
“I am honoured to be appointed as the company’s first chief sportsbook officer. While Greentube has a vast heritage in online gaming, we want to engage players across a variety of different online verticals in future months and years.”
Greentube CSO Felipe Ludeña: “While Greentube has a vast heritage in online gaming, we want to engage players across a variety of different online verticals in future months and years.”
In addition, the company has confirmed that Georg Gubo will combine his new role of managing director at Admiral Sportwetten with his current position as Greentube’s COO.
The changes are designed to bolster the work of Admiral and Greentube across various areas of online entertainment.
Georg Gubo, managing director of Admiral Sportwetten and COO at Greentube, said: “There are clear synergies between Admiral and Greentube that can help to drive growth for both parties. These new appointments will help to inform that strategy.
“On a personal note, it’s a privilege to join a company as prestigious as Admiral as managing director and I believe the future is bright for all involved.”
The Novomatic Group is working on multiple fronts to strengthen its sports betting business.
In Europe, racing and sports betting were Novomatic’s second-largest revenue contributor in 2021, accounting for US$21.6bn in revenue.
In 2020, Admiral Sportwetten was one of the first private operators that secured a German sports betting licence from the Darmstadt Regional Council, the body responsible for the sports betting licensing process in Germany.
Novomatic’s significant presence on Germany’s whitelist for online slots, however – alongside the dominance of Germany’s Gauselmann Group – has recently raised questions among the iGaming industry.