Mark Stebbings Departs Betfred after Nearly 30 Years
Mark Stebbings has announced that he is to leave his position as Chief Operating Officer at Betfred later this week.
Stebbings has spent close to three decades working at Betfred, and he will officially leave his role on 29 September. The company is yet to comment on the news, which was announced by Stebbings on his LinkedIn page.
After nearly 30 years I have decided it is the right time for me to leave Betfred. I am immensely proud to have been part of an incredible growth story. I must give special thanks to Fred Done who has been an unbelievable mentor to me and for the belief and faith he put in me as I made my way through the ranks from a trainee betting shop manager to group chief operating officer. I’m sure Betfred will continue to grow, and I wish Fred and his team continued success. I am looking forward to taking a short break and spending some quality time with my family before I decide what the future has in store for me.
Several Managerial Changes at Betfred
Stebbings’ announcement comes soon after a number of managerial changes at Betfred USA. A few weeks ago, Kresimir Spajic was announced as the company’s new chief executive.
He has been placed in charge of the operator’s strategy in 10 US states: Nevada, Pennsylvania, Colorado, Louisiana, Arizona, Iowa, Washington, Virginia, Ohio, and Maryland.
Spajic made the move to Betfred, having worked at numerous major businesses in the iGaming industry, including Great Canadian Entertainment, Apollo Global Management, Hard Rock International, Rush Street Interactive, Borgata and Bwin.
In other company news, last week, Bryan Bennett announced that he was stepping down from the role of Chief Operating Officer of Betfred USA after three years in the role. He described the job as “one of the most exciting, fun, rewarding, challenging, frustrating, and exhausting experiences of my career, sometimes all in the same day” and said that he believes the company has “a very bright future”.