The governance of FTSE-listed gambling technology provider Playtech Plc has confirmed that Dr Armin Sageder has been appointed CEO of its sports betting ‘Playtech BGT’ division.
Dr Sageder takes leadership of Playtech’s sports betting arm, having joined the industry technology provider in July, following Playtech’s €140 million ‘all-cash’ acquisition of BGT a Vienna based sports betting provisions supplier founded by Sageder.
The appointment sees Playtech unify its sports betting assets of BGT, Geneity, Mobenga, Unilogic plus its in-house trading team under the new division of Playtech BGT.
The division will be headquartered in Nicosia Cyprus, with Dr Sageder reporting directly to Playtech CEO Mor Weizer.
Following significant investment in its sports betting product portfolio, Playtech governance detailed that it had grown its division to over 600 employees based in Nicosia, Malmö, Vienna, London, Bremen and Sofia.
Updating the market on the appointment of Dr Sageder as its sports betting CEO, Playtech stated that it had found the right man to deliver on its vision of creating a best-in-class omni-channel betting platform for all industry stakeholders.
Playtech BGT will now move to become the market leader in sports betting technology and provisions, servicing all facets of the industry value chain, including; online platform provisions, mobile devices, self-service betting terminals, payments and player management systems.
Updating investors on the appointment of Dr Sageder Mor Weizer, CEO, Playtech stated “I am delighted that Armin has accepted this role and I strongly believe he is the best person to take our sports offering to the next level together with the talent we have internally.
“Playtech BGT Sports will provide leading sports betting operators with best-in-class platforms and products as we well as a series of unique Omni-channel solutions that we believe will continue to revolutionise retail and online betting businesses alike,
Dr Armin Sageder backed Mor Weizers comments, stating that he looked forward to the challenge of leading Playtech BGT :
“I am very excited about the opportunity. When combining the BGT team spirit together with the extensive knowhow and knowledge of all the great talent that exists across Playtech, we have the opportunity to create a powerhouse for the benefit of our clients and their customers.
“By doing so we will continue to invest in our platforms, products, offering and services and will truly enhance customers’ betting experience and maximize the benefits for our licensees. Furthermore, we will continue to provide operators with the expertise and capabilities they expect from Playtech and BGT as well as the relevant tools in order to allow them to differentiate their customer propositions and achieve their strategic goals.”