Stewart Groumoutis to maximize OpenBet’s Canadian commercial opportunities

OpenBet has cemented its position within the Canadian sports betting market by hiring Stewart Groumoutis, who will serve as the company’s new VP Commercial – Canada.

In his new role, Groumoutis will hold responsibility for maximizing the sportsbook technology and service provider’s commercial opportunities in Canada. 

With the Ontario market opening its doors up to regulated betting, OpenBet has predicted significant growth potential, adding that there will be “further engagement expected” across the country.

Chief Commercial Officer Cathryn Lai said: “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 unrivaled 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.”

Prior to joining OpenBet, Groumoutis spent 10 years with British Columbia Lottery Corporation (BCLC) as Director – eGaming. During that period he worked alongside OpenBet which supplied the Canadian lottery with its product suite.

Groumoutis added: “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.”