FSB defines global strategy for 2023 and announces Interim CEO

December 16, 2022 | Sarah Blackburn

New leadership team to concentrate on core regional markets in busy year ahead

After a strategic review, Global sports betting & iGaming supplier announces a de-prioritisation of operations in the US and announces Adam Smith as Interim CEO.

The EGR Multi-Channel Supplier of the Year has enjoyed a successful year of growth with significant new Tier 1 partnerships announced in UKI, Europe and Africa. These global regions will be the bedrock of FSB’s operational focus in 2023 with the key objective of accelerating existing customer growth and leveraging new opportunities in those territories via FSB’s award-winning platform.

In March 2022, FSB became one of the first suppliers to receive regulatory approval in Ontario, Canada and that market remains a committed focus of the organisation with two significant launches lined up for Q1 2023.

Adam Smith, Interim CEO at FSB, said: “Leading FSB into 2023 is a great honour for me. The strength of our world class technology and the talent of our people means there is a huge opportunity ahead for the organisation. I look forward to working closely with this driven, determined leadership team who I have no doubt will secure us further success in our core markets.

Our end of year strategic review has allowed us to further sharpen our laser focus when it comes to delivering for existing and new partners across our core markets in 2023 and we continue to work closely with our private equity partners Clairvest and share with them a huge sense of positivity for the year ahead.”

Ian Freeman, Chief Revenue Officer at FSB, said: “2022 has been a successful year for FSB across our core markets with new partnerships forged and existing customers enjoying strong growth and new market expansion. We feel privileged to work with exceptional operational teams within our customer base, and our primary goal is to ensure that FSB resources are aligned to support the best market conditions and the revenue opportunities for them. Within this context, we’re now de-prioritising investment in the cost prohibitive US market in the short to medium term.”