Ben Warn, the sports betting industry expert and executive, has announced that he will not seek re-election on Sportech’s board when his term expires at the end of this month.
Warn has been serving as a non-executive on the board since June 2020.
Previously, he acted as managing director of sports data group Perform, heading their portals and consumer division.
Speaking about his decision, Warn said that he was extremely proud of what Sportech achieved through “incredibly challenging global conditions.” He wished the group continued success in the future.
Over the past two years, Sportech has drastically downsized by divesting some of its key assets. BetMakers bought over its Global Tote arm, while Bump 50:50, Sportech’s raffle technology supplier was bought by Canadian Banknote.
Because of this drastic downsizing, Sportech removed its shares form the London Stock Exchange and moved to the Alternative Investment Market.
In August last year, Sportech announced that two of its executives, CE Richard McGuire and CEO Tom Hearne would be stepping down from their roles as the group continued to reduce in scale and size. This, after a complete evaluation of Sportech’s business lines and the disposing of a number of important assets, as noted above.
This week, Sportech said that Warn had “supported the transformational change in the group.”