Irish businessman John Boyle, the founder of Boylesports, is ready to step back in as Chairman of the betting operator, as the company looks to expand its presence and operations in the UK betting and gaming market.
Speaking to the Irish Independent, Boyle stated that he would return to managing Boylesport governance if the company could find a Chief Executive Officer to take over management operations.
Boyle further stated that the operator needed to expand its operations and presence in the UK betting market, as it had reached peak expansion within Ireland were its 198 retail betting outlets.
Speaking on corporate strategy, Boyle detailed that the operator may look undertake a major betting acquisition in order to establish its presence in the UK betting market. Boylesport senior management were currently in the process of identifying potential targets.
“A big push into the UK would be one of the next steps for the business. And if it happens it will be done in scale. Now that we are debt free we would have backing from the banks,” Boyle commented.
The privately owned operator is in the process of moving its operational base to Gibraltar, which it believes will help it expand in the UK market. Boylesport is seeking acquire a top Chief Executive to undertake ambitious growth plans and execute dynamic strategies for its business divisions.
Speaking on the matter Boyle commented: “I was always looking for someone to come along and take my role, always looking for a good CEO. But to get someone who would have that passion and care, not just do the job, that’s the challenge.”