FSB confirms Adam Smith as CEO

Smith took on the role on an interim basis in December.
Smith took on the role on an interim basis in December.

Adam Smith has been named chief executive officer on a full-time basis following an interim period.

US.- Sports betting and igaming service provider FSB has appointed Adam Smith as chief executive officer on a full-time basis following a three-month interim period. Smith took on the role in December after it was announced that co-founder David McDowell would step down.

Smith oversaw FSB’s entry into the North American region via an expanded relationship with long-term partner Fitzdares in the Canadian province of Ontario. Prior to his appointment at FSB, Smith was UK MD and group board member at a Northern European technology and consultancy business focused on digital transformation and big data.

Smith said: “Taking full-time charge of FSB is a great thrill for me. What became clear during my three-month period as interim CEO was the opportunity that lies ahead for our organization. The combination of our dynamic proprietary platform technology alongside our driven, determined people and Tier 1 partnership portfolio gives us every reason to look forward with confidence.

“Having taken our first assured steps in North America last month we are now well positioned to move forward boldly in 2023 with our core markets and products strategy. Working closely with our committed private equity partners, Clairvest, I’m hugely energized to accelerate the growth of our award-winning company.”

Mohit Kansal, managing director at Clairvest, added: “We are delighted that Adam has agreed to come onboard as full-time CEO effective immediately. Adam’s commitment and impact at FSB in a short few months with the support of the senior management team has been exemplary. We look forward to working closely with him and FSB towards a bright future.”

Last year, FSB received licensing approval from the Nevada Gaming Control Board (NGCB). The Manufacturers and Information Service Provider licence will allow FSB to provide sports betting and online casino services. The NGCB unanimously recommended FSB for a licence.

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