Industry veteran Blandford appointed chair of FSB Tech
Mark Blandford takes up role after leading last month's £2.6m funding round for the sportsbook provider
Sportingbet founder Mark Blandford has joined FSB Technology as company chairman as part of the nascent sportsbook provider’s plan to accelerate its growth strategy.
Blandford’s appointment come less than a month after he led a £2.6m financing round for the FSB with the cash set to be invested in its sports betting solution.
The industry veteran was joined by 14 other investors, while previous investors have included Betfair co-founder Andrew Black and current Ladbrokes chief executive Richard Glynn.
FSB recently secured a deal to supply Genting Alderney with its sports betting platform and is now targeting casino and poker operators as well as media companies as it looks to expand its customer base.
“FSB Tech’s managed sports betting solution is the most advanced on the market, while the Genting contract and the strong sales pipeline gives me great confidence in the business model,” Blandford said.
“It’s an honour to accept the chairmanship and I’m really looking forward to helping the business grow.”
“Mark was quick to spot the value of a modern proprietary sports betting platform delivered as a B2B service,” David McDowell, co-founder and chief executive of FSB Tech, said.
Blandford’s appointment comes after it was revealed his company Double Diamond Gaming acquired Gala Coral’s remaining four casinos, with the intention for the brand to launch online within the next 18 months.
FSB was founded in 2008 by former GameAccount Network founder McDowell and CTO Sam Lawrence.