ParlayBay has appointed Paolo Gazzei as its CIO.
Previously, Gazzei was the former CEO of Betgenius Estonia and CTO at Kinect.
The decision to appoint Gazzei follows ParlayBay's partnership with online gambling platform 96.com on 10 January 2024. This collaboration involves ParlayBay providing its cricket content portfolio to 96.com, aiming to expand its presence across Asian markets.
In his role as CIO, Gazzei is reported to be tasked with developing a range of betting models and expanding the ParlayBay portfolio, with a particular emphasis on in-play and micro-betting opportunities.
Gazzei commented: “With so many ongoing developments at ParlayBay, now is a really exciting time to join the team as the company continues to grow rapidly around the world with its range of unique sports betting games.
"The popularity of micro-betting is firmly on the rise and I am looking forward to using my experience in developing engaging sports betting games to help ParlayBay widen its net even further when it comes to products and partners.”
Fredrik Elmqvist, ParlayBay Executive Chairman, added: “Sports betting is becoming more nuanced and enhanced in-play and micro betting are all about superior prediction models and the ecosystem that surrounds them.
"Paolo arrives with great experience in this field and knows how to build a strong delivery team, whether that be architecture, tech stack leadership or collaboration with other partners.
"We are thrilled to have Paolo on board. He brings a wealth of knowledge to the role and I have no doubt he will elevate our offering even further.”
