OpenBet boosts Canadian presence with Stewart Groumoutis appointment

The executive brings with him 10 years of experience with the British Columbia Lottery Corporation.

OpenBet is expanding its influence in Canada with a new hire. Stewart Groumoutis will take on the role of VP Commercial Canada. 

Bringing over a decade of experience in the gaming industry, including 10 years with the British Columbia Lottery Corporation, Groumoutis will work to maximize OpenBet’s commercial output in Canada. 

Speaking of his new position, Groumoutis said: “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.”

The expansion of OpenBet’s Canadian offering follows the launch of the highly-anticipated Ontario sports betting and iGaming market. Expected to rival some of the largest jurisdictions in North America, Ontario has seen a slew of prominent gaming companies leap at the opportunity to operate there. 

Cathryn Lai, Chief Commercial Officer of OpenBet, added: “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 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.”

Henry Moore

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