Bet365 is eyeing up a recruitment drive of former tech staff members of notable companies, according to a report in The Times.
Social media company Meta – which owns Facebook, Instagram, and WhatsApp – has reduced its staff count by 11,000 over the past few weeks, while fellow social media firm Twitter has also downsized, as well as fintech Revolut.
Speaking to The Times, Dan Myatt, Recruitment Manager for bet365, hinted that the tech talent pool could provide the operator with additions to its technology team, as they have over 240 roles available.
Myatt commented: “It could free up some relevant skills. Companies like (Meta) have also extended the salary bandings quite dramatically. People have been highly paid for minimal years of experience, so it could be a shock to the system from a recruitment perspective.”
Kernel Group Founder Logan Naidu also spoke to The Times. Kernel Group is the parent company of the recruitment agency Dartmouth Partners, which specializes in technology, strategy, finance, HR, and legal affairs.
Naidu believes the recent cuts are just a first wave, with future waves creating the “rare opportunity” of a recruitment “buyers market” for firms looking to strengthen their tech teams, including sportsbooks and casino operators.
Tech job openings come at bet365 as it continues to expand across North and South America. The operator has licenses in the jurisdictions of Colorado and New Jersey in the US, as well as Buenos Aires, Argentina, and Ontario, Canada.
Bet365 also recently received a conditional license for the state of Ohio, which is scheduled to launch its sports betting market on January 1 next year.