FSB, a global supplier of iGaming services and sports betting, announced that Adam Smith, his interim chief executive officer (CEO), has taken on a full-time position with the company. Smith was appointed interim CEO in December 2022.
After a three-month interim period that was successful, FSB has now confirmed that Smith will take over the CEO position full-time. This senior-level move was made at a time when Smith wanted to increase its global presence and enter North America, a strategic iGaming marketplace.
Fitzdares, one of the company’s long-term partners was able to complete the long-awaited entry. The collaboration allowed the B2B supplier to expand its global reach by entering the Canada-regulated gambling market in Ontario. This market is considered one of the most lucrative for the region.
Smith will be the CEO of the company and oversee its growth. FSB previously confirmed that it plans to increase its presence in strategic markets like Africa and continental Europe including the UK, Ireland and Canada.
Smith Excited to Lead FSB
Smith commented on the topic and said that it was exciting to assume the full-time CEO role at FSB. Smith also stated that there is significant growth potential for the company. Smith acknowledged that FSB’s platform offers innovative technology, making it an indispensable partner for customers in gaming.
It’s a great thrill to take full-time control of FSB.
Adam Smith, CEO of FSB
Smith predicts that FSB will expand in the region this year, leveraging strong products as well as growth strategies, after the company’s entrance into North America. The new CEO stated that he was energized by working closely with Clairvest, his committed private equity partners.
We are thrilled that Adam has accepted to become our full-time CEO immediately.
Mohit Kansal, managing director at Clairvest
Clairvest’s managing Director Mohit Kansal said that Smith will be a full-time CEO at FSB. Smith’s engagement with the management team has been strong in just a few months. Kansal stated that Clairvest looks forward to collaborating with FSB, Smith.
Smith was the UK MD and group board member for a major European technology and consulting company before joining FSB. Smith has extensive experience in leadership roles at multiple companies.
