DraftKings recruits former FBI special agent as new VP of regulatory affairs
Regulatory veteran Roy Pollitt joins US operator from New York-based compliance consultancy Exiger
DraftKings has hired former FBI special agent Roy Pollitt to be its new VP of regulatory affairs.
A 17-year veteran of the FBI, Pollitt served as the lead agent in a seven-year international money laundering investigation against illegal online gaming and payment-processing industries impacting the US financial system.
Pollitt also has experience investigating fraud, involving money laundering, bank fraud, embezzlement and racketeering. He most recently spent seven years as MD and US head of investigations for US-based compliance consultancy Exiger, which has worked alongside DraftKings for several years now.
Exiger provided consultancy-based services to DraftKings during its high-profile litigation with authorities in New York over the legalization of DFS in the state in 2016.
During this period, Pollitt advised the operator on AML and regulatory compliance issues. Exiger has also worked extensively with international banking giant HSBC.
In his role new role as VP, Pollitt will be responsible for leading and scaling all US and international regulatory operation functions for the company and serving as the primary point of contact for all regulatory agencies.
In addition, he will work across the organization and in collaboration with internal teams, including compliance, legal, product, technology, and operations to develop, implement, manage and measure internal controls.
Pollitt will also oversee the launch readiness from a regulatory perspective of new DraftKings products and markets while working out of the firm’s New York office, where he will report into DratftKings co-founder and president of global product and technology Paul Liberman.
“I am pleased to welcome Roy Pollitt to the DraftKings team, where he’ll play a critical role leading our US and international regulatory function,” Liberman said.
“Roy brings unparalleled experience and a unique perspective to the position, having served both as an expert regulatory consultant to high profile public companies and FBI special agent investigating complex frauds within diverse industries, including banking, gaming, payment processing, and securities,” he added.
Roy Pollitt