The Federation of Sports Betting (FSB), a frontrunner in sports wagering technology, has announced the selection of Adam Smith as its permanent Chief Executive. Smith, who held the interim CEO position since December 2022, effectively guided the organization through a critical quarter.
During his tenure, FSB reached a major turning point by entering the North American market alongside Fitzdares, a well-known sportsbook operator. This alliance enabled FSB’s foray into the regulated gaming sector of Ontario, Canada.
Smith possesses extensive experience, having previously held the roles of UK Managing Director and Group Board Member at a leading Scandinavian technology consulting firm. His proficiency lies in propelling digital evolution and utilizing large-scale data solutions.
Throughout his professional journey, Smith has spearheaded prosperous expansion and modernization endeavors across diverse industries, including telecommunications, tourism, market information, production, and information systems.
“Assuming the permanent leadership of FSB fills me with immense enthusiasm,” remarked Smith. “My time as interim CEO provided firsthand insight into the vast potential and prospects that await our organization.”
“Our state-of-the-art proprietary technology, skilled and committed workforce, and impressive partner network give us ample reason for confidence in the times ahead.”
“I am eager to work closely with Clairvest, our supportive private equity partner, as we expedite the growth of this award-winning enterprise.”
Clairvests Managing Director, Mohit Kansal, commended Adam on his rapid influence since becoming a part of FSB a short while ago. He emphasized Adam’s capable direction and the evident improvements he has implemented within the organization. Kansal conveyed enthusiasm for collaborating closely with Adam and FSB to attain even greater achievements moving forward.
This favorable outlook arises from a durable alliance between FSB and Sporting Solutions, initiated in 2014 when Sporting Solutions’ live data services were incorporated into FSB’s sports wagering platform. The partnership lately broadened to encompass odds provisions, further strengthening their dedication to one another.