OpenBet names Stewart Groumoutis as new VP of Commercial for Canada

Wednesday, April 20, 2022 10:19 PM

OpenBet has appointed Stewart Groumoutis as its new VP Commercial – Canada, highlighting the company’s commitment to extending its footprint within the country’s sports betting marketplace.

Groumoutis brings a wealth of industry expertise, most notably 10 years with British Columbia Lottery
Corporation (BCLC), where he recently served as director of egaming.

During his time with BCLC, Groumoutis became familiar with OpenBet, as the company currently supplies the Canadian lottery with a comprehensive product suite, encompassing technology, content, and services.

In his new position, Groumoutis will play a pivotal role in maximizing OpenBet’s commercial opportunities in Canada. The country’s sports betting marketplace continues to expand, especially with Ontario opening its newly regulated market this month.

OpenBet also powers the Atlantic Lottery, Ontario Lottery and Gaming Corporation (OLG), and Loto-Québec.

Groumoutis said, “During my time with BCLC, I was impressed by OpenBet’s ability to maximize operational value, 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.”

Cathryn Lai, Chief Commercial Officer of OpenBet, said, “Stewart understands the culture and best practices of OpenBet, which is hugely beneficial as we look to power more sportsbooks with our unrivalled technology, content and services across North America, including Canada.”