-driven software provider Betgenius has announced on Thursday the appointment of Matt Stephenson as its new Managing Director.

Stephenson replaces Jack Davison, who will now oversee the group’s commercial strategy from his new position as Chief Commercial Officer at Genius Sports Group.

Stephenson is a veteran in the gaming industry, with over 15 years of experience. He had previously spent three years at Sporting Index before joining Betgenius in 2005. Having been instrumental in the company’s success since then, Stephenson’s new role will see him assuming full responsibility for the commercialisation of Betgenius’ suite of sportsbook products as well as outsourced trading tools.

Matt Stephenson commented after his promotion: “With one of the strongest teams in the sector across sales and technology, Betgenius is primed for even greater success in the coming years, and I am proud to be given the opportunity to lead the business at this time.”

In a corporate statement, Genius Sports Group Mark Locke said: “Matt’s knowledge of the sports betting sector is second to none.

“As Betgenius undergoes a period of unprecedented growth – reflected in record numbers of clients and an expanding team – his experience will be invaluable as we continue our innovative track record and grow our presence globally.”