The Federation of Sports Betting (FSB), a premier sports wagering technology firm, has named Adam Smith as its permanent Chief Executive. Smith, who held the interim CEO role for the preceding quarter, effectively guided the company’s venture into the United States and Canada market alongside their collaborators, Fitzdares. This endeavor encompassed obtaining a gaming permit in Ontario, Canada.
Smith contributes a wealth of expertise to FSB, having formerly acted as UK Managing Director and Group board representative for a Scandinavian technology advisory firm specializing in large-scale data and digital evolution. His notable history also encompasses spearheading expansion and transformation projects across diverse industries such as telecommunications, tourism, market information, production, and information technology.
“I am tremendously enthusiastic to be directing FSB in a permanent capacity,” Smith stated. “The recent three months as interim CEO have only reinforced my confidence in the prospects that await our organization.”
“With our agile proprietary platform technology, a motivated workforce, and top-ranking alliances, we are strategically situated for sustained achievements.”
“I anticipate collaborating closely with our committed private equity investors, Clairvest, as we concentrate on expediting the expansion of our award-winning enterprise.”
Clairvests Managing Director, Mohit Kansal, has been vocal about his admiration for Adam. He’s amazed by the substantial influence Adam has exerted on FSB in a matter of months, naturally with the support of the executive team. Kansal is enthusiastic about maintaining a close working relationship with Adam and FSB, believing their collaboration will yield remarkable outcomes.
On the topic of FSB, they’ve recently broadened their established alliance with Sports Solutions to encompass wagering odds services. This expands upon their existing collaboration, initiated in 2014 when Sports Solutions commenced providing real-time data services for FSB’s sports betting platform.