BetVictor announces Luke Alvarez as Chairman

People News

BetVictor, one of Europe’s leading online gaming companies, today announced the appointment of Luke Alvarez as the new Chairman of BetVictor Limited. The appointment is effective from 1st December 2018.

With a proven track record of leading global technology, media and telecommunication (TMT) companies over a 28 year career, with 18 years in regulated Gaming and Sports, Alvarez brings a wealth of experience to the BetVictor Board.

Alvarez joins BetVictor Limited during a continued period of growth driven by investments in its mobile sportsbook and e-gaming product suite, and technology platform. BetVictor’s new Chairman will enhance the company’s customer protection, regulatory and compliance programmes, and provide strategic direction to further build on BetVictor’s successes.

Commenting on the appointment, Andreas Meinrad, CEO at BetVictor said: “We are delighted to welcome Luke to our Board. It’s an important time for BetVictor as we continue to evolve and expand, and the strong skills and experience Luke brings are vital to help us taking our strategy and product development to the next level. Luke has played a key role in the growth of several international technology and gaming companies and we believe that his knowledge and expertise will drive the BetVictor brand forward as we strengthen our customer protection focus and continue to grow as a business.”

Luke Alvarez added: “It’s an exciting time to be joining BetVictor. The company has strong industry-leading, in-house technology capabilities that are paving the way in the highly competitive mobile sports and gaming space. I look forward to working with Andreas and the Board to help drive the company’s success.”

Alvarez most recently served as President and CEO of Inspired Entertainment (NASDAQ:INSE), a UK-based international leader in Virtual Sports and Digital Gaming as well as Chairman of Inspired Gaming Gibraltar – the Group’s mobile gaming division. Alvarez founded the company in its previous form, Inspired Gaming Group Limited in 2002. He co-founded and served as Non-Executive Director (NED) of Gmatica SRL, a leading Italian regulated network gaming concession. He served as NED of THE CLOUD, a leading European operator of open WIFI during its ownership by the Venture Capital funds Accel and 3i. Previous to that, he was COO of Emap Digital and a Case Leader at the Boston Consulting Group.