Yolo Group Appoints New CEO and Restructures Management Team
LISTEN TO THIS ARTICLE:Yolo Group has appointed a new set of executives to its management team as part of a wider corporate restructuring.
Matthew D'Emanuele was named the new CEO of Yolo Entertainment. Before his new role, D'Emanuele served as the CEO of Eastrock Group, a B2B software provider, and held the role of Director of Operations at Gaming Innovation Group (GiG).
The company has also promoted Jose Micallef to the position of Yolo Platform CEO. Formerly, he was the Managing Director of Bombay Online and gained experience working with Pariplay and Real Dealer Studios.
Joe McCallum, Yolo Group's Managing Director, will sit on the company's supervisory board.
This restructure is a crucial step to ensure that our growth is managed consistently across the diverse range of brands, products and services we’ve built up over almost a decade. I’d like to congratulate Matthew, Jose and Joe on their promotions and new positions.
Corporate Structure Reorganization
The company has additionally revealed plans to revamp its internal organization during the restructuring. Moving forward, the company's operations will be categorized under Yolo Entertainment, Yolo Platform, and Yolo Investments.
Yolo Entertainment covers the company's B2C brands, such as BitCasino and Sportsbet.io. Yolo Platform focuses on the technological infrastructure offering of the group and will be provided on a B2B basis. This vertical includes products like Yolo Group's Hub88 content aggregator.
Yolo Investment manages €500 million in assets, spread across various investments in gaming and fintech.
These structural changes signal a significant shift in the Yolo Group mindset, with all our business verticals becoming autonomous. With each functioning as a separate business and supporting our wider mission, we’ll be even better placed to keep our customers at the centre of the universe.
Earlier this year, Yolo Group signed a deal with Livespins to launch the social live-streaming casino product on its B2C online casinos, including bitcasino.io, sportsbet.io, and livecasino.io.
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