Tabcorp Holdings Limited (ASX: TAH) has announced the appointment of Michael Fitzsimons, a globally recognized wagering executive, as its new Chief Wagering Officer.
Role Overview
In his new role, Mr. Fitzsimons will oversee all core wagering operations, including:
- Digital and retail betting platforms
- Tote operations
- Trading
- Product and marketing functions
This appointment aligns with Tabcorp’s simplified Executive Leadership Team structure, introduced in December 2024, which consolidates all wagering activities under a single leadership role to enhance efficiency and execution.
Extensive Global Expertise
With over 20 years of experience in sports betting across Europe, the United States, and Asia, Mr. Fitzsimons brings unparalleled industry expertise.
Career Highlights:
- Executive Director Wagering, Hong Kong Jockey Club (HKJC):
- Oversaw strategy, trading, marketing, and product development for fixed odds, parimutuel, and lottery products.
- Managed one of the world’s largest tote operations, including the World Pool platform.
- Directed risk management for the China Sports Lottery, spanning 120,000 betting branches.
- Director of International Trading and Operations, The Stars Group:
- Successfully launched the PokerStars Sportsbook.
- Revitalized SkyBet in Germany and Italy.
- Executive Member, World Tote Association (WoTA):
- Contributed to global tote strategy and collaboration.
Leadership Vision
Gillon McLachlan, Tabcorp’s Managing Director and CEO-elect, praised the appointment:
“Michael Fitzsimons is one of the world’s most sought-after wagering executives. His deep understanding of international sports betting, trading, and tote operations, combined with his ability to connect digital and retail wagering, makes him uniquely qualified to drive our growth strategy.”
The new Chief Wagering Officer role signifies Tabcorp’s commitment to bolstering its wagering capabilities by integrating all growth levers under a unified leadership framework.
Commencement
Mr. Fitzsimons is expected to assume his role in the first half of 2025, pending regulatory and probity approvals.
This strategic move positions Tabcorp to enhance its market leadership by leveraging Fitzsimons’ global expertise and innovative approach to wagering operations.
