iGaming and sportsbook platform supplier, Bet.Works, has strengthened its leadership board after confirming the appointment of Jay Rood as the company’s new Chief Risk Officer.
With over 25 years experience in the Las Vegas sports betting industry, Rood has held a number of senior positions at companies such as Caesars, and MGM.
He joined MGM when it opened in December 1993 as a ticket writer and worked for the operator for over 25 years ultimately overseeing all of MGM’s sportsbooks including ten in Nevada, two in Mississippi and one in New Jersey as the expansion of sports betting has swept across the USA following the PASPA repeal in 2018.
Bet.Works’ Founder and CEO, David Wang, celebrated the new addition to the company: “I had the privilege of working with Jay in the past and his 25 years of sportsbook operations will help take the company to the next level.
“There is no one more qualified to lead our organization as we deploy in more states in the coming months. Jay and our in-house Las Vegas-based trading and risk team will oversee all of the brands on the Bet.Works platform with a significant emphasis into advanced in-play wagering via our technology platform.”
His appointment comes at a crucial time for the sports betting market, as a number of states are currently in the process of legalizing sportsbooks, and more set to legalize in the next few years.
As it stands, sixteen states have passed legislation to permit sports betting, with eight currently pending the launch.
Jay Rood, Chief Risk Officer at Bet.Works, added: “I am excited to be joining a group of extremely experienced and talented individuals at Bet.Works focusing on servicing the emerging sports betting industry with unique and powerful technology and a team that has extensive knowledge in the US betting market.
“David Wang’s vision and drive is contagious, and I believe he has positioned Bet.Works to be the provider of choice for gaming operators looking to enhance their offering to their guests.”