Michael Fitzsimons is to join Tabcorp Holdings in the role of chief wagering officer subject to relevant approvals.
He joins from the Hong Kong Jockey Club where he is currently executive director wagering, where he oversees one of the world’s largest totes, including the World Pool platform, along with risk management of China Sports Lottery’s 120,000 betting branches.
The appointment is part of a larger executive leadership restructure which was announced prior to Christmas. Fitzsimons is expected to have put his new role before the end of the first half of the year.
“Michael Fitzsimons is one of the world’s most sought-after wagering executives and brings extensive global sports betting experience to Tabcorp,” said Tabcorp managing director and chief executive officer elect, Gillon McLachlan.
“He has a deep knowledge of international sports betting, trading and tote. Michael is a rare find - he knows digital and retail wagering and is one of the few people in the world who can connect both to grow a wagering product.
“The creation of a chief wagering officer is a significant uplift in wagering capability within our executive team. The simpler vertical structure brings all levers that grow wagering together under one executive to ensure first class execution.”