Planning to overhaul its organisational structure Toronto TSX-listed NYX Gaming Group (NYX) has confirmed that Jeremy Thompson-Hill is to step down as Chief Executive Officer of its OpenBet division.
OpenBet management confirmed to SBC, that Thompson-Hill would remain as a close advisor to its business for a period of two years.
This week’s publication of its Q3 trading results, saw NYX CEO Matt Davey announce that the company would adopt ‘a new global operating model’ with a view of improving synergies between the NYX acquired assets of OpenBet, Betdigital, Chartwell and Cryptologic games.
NYX governance will further move to centralise core group business functions of finance, human resource, client management and customer service within its London headquarters.
Jeremy Thompson-Hill departs OpenBet following sixteen years’ service with the sports betting technology firm, in which he held multiple leadership roles. Thompson-Hill was appointed CEO of OpenBet in March 2013 taking over leadership responsibilities from former incumbent Dave Loveday.
As leader of Openbet, Thompson-Hill was a key stakeholder in the sale of the company to NYX Gaming for £270 million (April 2017).
OpenBet management stated to SBC that it will officially update the market on the departure of Thompson-Hill as its CEO.