OpenBet has announced the appointment of Stewart Groumoutis as Commercial VP for Canada, expanding the sportsbook technology supplier business’ development resources within North America’s most nascent marketplace. 

An expert in Canadian gambling, Groumoutis joins OpenBet’s North American senior management team after formerly serving as Director of eGaming for the British Columbia Lottery Corporation (BCLC).

During his tenure with BCLC, Groumoutis became familiar with OpenBet systems which served as the Columbia Lottery’s principal egaming technology partner.

In his new remit, Groumoutis will play a pivotal role in maximising OpenBet’s commercial opportunities within Canada, as further provinces follow Ontario’s lead and launch regulated marketplaces.  

Cathryn Lai, Chief Commercial Officer of OpenBet, said: “We are absolutely delighted to welcome Stewart to the team. He understands the culture and best practices of OpenBet, which is hugely beneficial as we look to power more sportsbooks with our unrivalled technology, content and services across North America, including Canada.

 “Over the coming months, we anticipate increased commercial activity as demand for our products and services continues to grow. With the addition of Stewart, we are building an ultra-strong team full of passionate individuals that will see OpenBet maintain its position as a world leader within sports betting entertainment.”

OpenBet has underlined its strong prospects in Canada, where further to its partnership with the BCLC, the company serves as principal technology partner for major lotteries including Atlantic Lottery, Ontario Lottery and Gaming Corporation (OLG) and Loto-Québec.

Groumoutis remarked : “I am very excited to be joining the OpenBet family. During my time with BCLC, I was exceedingly impressed by OpenBet’s ability to maximize operational value delivery, while also maintaining a strong focus on the future and innovation in the industry. 

“As a former operator, I understand the challenges new and existing operators face, and want to ensure that we can remain an instrumental partner in achieving and maintaining success

“North America is in the planning or early stages of growth in most States and Provinces, and operators are looking for not just vendors but real partners to help them succeed. This has always been a strength of OpenBet’s approach, and I believe it will be one of the main reasons for our continued growth.”