Malta-based gambling enterprise Esports Entertainment Group (EEG) has appointed former Argyll Entertainment executives to senior leadership positions within the company.
Stuart Tilly and Dan Marks will join the ranks of EEG as its Corporate Secretary and Chief Financial Officer, respectively. The dyad will transition to EEG from senior positions at Argyll Entertainment, an online gambling and casino operator headquartered in Zurich, Switzerland.
Grant Johnson, CEO of Esports Entertainment Group, commented on the hires in a release: “We’re excited to officially welcome Stuart and Dan to the Esports Entertainment team. As CEO and CFO of Argyll Entertainment, they have proven their ability to execute in our industry, growing the business from start-up to $12 million in revenue annually in just a few short years. As we continue to ramp the Vie.gg platform this experience will be invaluable.”
Tilly served as the Co-founder and CEO of Argyll Entertainment, the UKGC licensed operator of its flagship brand SportNation.bet. Since launching the online sportsbook in August 2017, Argyll has become one of the fastest-growing gaming companies in the UK and Irish markets. Tilly’s background includes a number of in-house legal residencies with blue-chip gaming companies; in 2012, Tilly established the iGaming Counsel, a regulatory and commercial advisory service for the gaming industry.
Tilly said: “Esports Entertainment is ideally positioned to capitalize on a wealth of opportunities as growth in the esports industry continues to gain momentum. I am excited to be part of the team and look forward to my role in building a leading global brand.”
As for Marks, he’ll bring with him 18 years of experience in financial and operational leadership roles primarily in corporate banking. He previously served as the Chief Operating Officer for the UK Coverage team at Barclays in London, as well as the Chief Financial Officer at large US-based corporations and mid-market enterprises at HSBC in New York. In 2016, Marks was appointed as the CFO of Argyll Entertainment.
Marks spoke on his new venture: “I am delighted to be joining Esports Entertainment at such an exciting time, after becoming the first online e-sports betting company to list on NASDAQ. I look forward to working with the strong leadership team and assisting the Company in achieving its strategic and financial goals.”
In April, EEG became the first publicly traded esports wagering company, listing its common shares on the NASDAQ under the symbol “GMBL.” Earlier this month, the company established a subsidiary, GMBL New Jersey Inc., with the intent of obtaining gambling licenses throughout the United States, starting with the Garden State.
Esports Insider says: Esports Entertainment Group is clearly working to streamline its success, and from the outside, it seems to be shaping up quite nicely. The enterprise has just hired two very connected individuals in the gaming industry and we can only assume it will help fast track EEG’s performance and expansion.