PointsBet has nominated William Grounds to its board as an honest non-govt director, based entirely on its fresh activity in the US market.
Grounds previously served as president and chief working officer of Infinity World Pattern Corp, an affiliate of Dubai World. Right here, he headed up the $7bn (£5.69bn/€6.64bn) funding in CityCenter Resort & Casino in Las Vegas with joint venture accomplice MGM Resorts International.
He also served as a non-govt director of MGM Resorts International between 2013 and 2021. In this time, the BetMGM venture with Entain modified into fashioned after the repeal of PASPA. MGM stated this gave Grounds a deep working out of the igaming market with expertise in ongoing governance and oversight of approach and execution.
He has also been licensed in a series of jurisdictions in the United States.
The appointment comes after the Australia-based bookmaker has expanded its operations in the US igaming market. The firm intends to all of a sudden grow its already prominent presence in the country following launches in Unusual Jersey, Iowa, Illinois and Colorado.
“We welcome William Grounds and peep forward to his contribution as an honest non-govt director,” PointsBet chairman Brett Paton stated.
“William has gigantic global business and governance expertise, with particular strengths in the areas of US sports activities making a bet, gaming and casino.
“Further, including a further US-based entirely director ensures we proceed to occupy the suitable level of governance and oversight on the ground in the expanding and ever-evolving North American market.”
PointsBet partnerships
PointsBet has already earned itself recognition in the US sports activities-igaming sector with partnerships with the NFL, NBA, MLB, NHL and PGA Tour.
The bookmaker’s finest partnership even supposing is with NBC Sports, the place in August 2020 the 2 agreed to a $500m deal that would possibly presumably perhaps well accept as true with PointsBet the unprecedented provider of odds, props and trends all the intention in which thru the Comcast-owned media large’s linear and digital channels – including its Peacock streaming service.
