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PointsBet reshuffles senior team

News

Online sports betting operator PointsBet has appointed Manjit Gombra Singh as its president of product and technology, and also moved chief financial officer Nick Fahey to a new role as group chief operating officer.

Singh joins PointsBet having previously served as executive vice president and chief technology officer of gaming solutions provider Aristocrat Leisure.

During his career, Singh has helped to deliver leading product and technology strategy for mobile, social and traditional casino gaming products, having also held senior leadership roles at International Gaming Technology (IGT), Juniper Networks and Sun Microsystems.

“I am excited about the opportunity to join such a committed and talented team and I am looking forward to helping guide future growth and success,” Singh said.

Sam Swanell, group chief executive at PointsBet, added: “We are very pleased that a senior executive of Manjit’s quality and experience is joining PointsBet. Manjit recognises the progress we have made and the opportunity ahead.

“Manjit will bring key leadership and technology capabilities to the global business and is well placed to drive our technology and product strategy as we continue to expand in the United States.”

Meanwhile, PointsBet has revealed that Fahey will now transition from his role as group chief financial officer to a new role as group chief commercial officer.

The move, which is effective immediately, will see Fahey initially focus on enhancing the return on investment across the global PointsBet business, covering existing operations and its business development efforts in the US and Mexican markets.

Andrew Mellor, currently chief strategy officer of PointsBet, will replace Fahey as chief financial officer. Mellor, who joined PointsBet in January 2019 and played a key role in its Initial Public Offering, will continue to be responsible for investor relations and strategy.

Prior to joining PointsBet, Mellor spent over 18 years with Credit Suisse, where he most recently was a director and head of Asia Pacific credit flow and convertible bond trading.

“From day one Nick has been instrumental in helping the company grow our Australian business and expand into the United States,” PointsBet chief executive Swanell said. “This background and experience as both a co-founder and director will provide crucial insights to his new role.

“Andrew’s background of international financial markets and institutional investing will assist PointsBet in the next stage of the journey as a publicly listed company during this significant period of growth.”

PointsBet has enjoyed significant growth in the US since launching in New Jersey in January of this year under Meadowlands Racetrack’s license. The operator has also struck deals with Iowa’s Catfish Bend Casino and the Hawthorne Race Course in Illinois.