{"id":12852,"date":"2026-04-29T12:42:10","date_gmt":"2026-04-29T11:42:10","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=12852"},"modified":"2026-04-29T12:42:21","modified_gmt":"2026-04-29T11:42:21","slug":"novibet-appoints-new-chief-technology-officer-as-part-of-its-strategic-development","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2026\/04\/29\/novibet-appoints-new-chief-technology-officer-as-part-of-its-strategic-development\/","title":{"rendered":"Novibet Appoints New Chief Technology Officer as Part of Its Strategic Development"},"content":{"rendered":"\n<p><strong>Novibet<\/strong> has appointed <strong>Yiannis Stravroulas <\/strong>as its new Chief Technology Officer, with leveraging AI and other emerging technologies outlined as a key remit for the new hire.<\/p>\n\n\n\n<p>Headquartered in Greece, Novibet is one of the largest companies in its home nation and in nearby Cyprus, but also a major player internationally, active in eight other countries.<\/p>\n\n\n\n<p>The operator has been active in Brazil\u2019s regulated betting market since 1 January 2025 \u2014 when the market first gave the green light to legalised online sports betting and iGaming \u2014 and is also active in Chile, Ecuador, Mexico, Canada, Ireland and Finland.<\/p>\n\n\n\n<p>In a statement confirming Stravroulas\u2019 appointment, the firm stressed that the new CTO will play a key role in fulfilling the&nbsp; firm\u2019s vision as a \u2018global GameTech company\u2019.&nbsp;<\/p>\n\n\n\n<p>Stravroulas, formerly Chief Operations Officer at Greek IT firm <strong>Cognity<\/strong>, will be tasked with enhancing Novibet\u2019s technology capabilities and backing of its product, customer experience and growth strategy.<\/p>\n\n\n\n<p>\u201cJoining Novibet is a big step out of my comfort zone,\u201d Stavroulas wrote on\u00a0<em>LinkedIn<\/em>.<\/p>\n\n\n\n<p>\u201cI take it strengthened by experience, and genuinely excited by the opportunity to learn and grow along with the company \u2014 and this means clocking ~ 30% year-on-year, with blitz international expansion across 10 countries in three continents!\u201d<\/p>\n\n\n\n<p>\u201cHere technology is not a supporting function, but an essential part of the core business. With a strong, proven team, it\u2019s the engine propelling the company forward.\u201d<\/p>\n\n\n\n<p><strong>Technology: the secret to becoming a market leader?<\/strong><\/p>\n\n\n\n<p>Leveraging technology may take on heavier importance for Novibet as it finds its active markets becoming more competitive over the coming years \u2014 competitive in two senses: against fellow regulated operators, and increasingly competing against unlicensed ones.<\/p>\n\n\n\n<p>Brazil, for example, now counts over 79 authorised operators that hold a licence with the <strong>Secretary of Prizes and Bets (SPA) <\/strong>of the <strong>Ministry of Finance.<\/strong> The country also continues to wage a battle against the black market, which has long existed in Brazil, preceding&nbsp; the regulated one by decades.<\/p>\n\n\n\n<p>In Finland, meanwhile, Novibet is awaiting the launch of a multi-licence market last year as the government presses ahead with overhauling its gambling monopoly, held by <strong>Veikkaus Oy<\/strong>. This will likely see a rush for market share in the early months of the market.<\/p>\n\n\n\n<p>The level of competition in Brazil, Finland, and elsewhere may muster up the need to double down on technological prowess and the ability to conduct business as efficiently as possible, which is even more important for companies like Novibet.<\/p>\n\n\n\n<p>Stravroulas also joins the firm just a few months after <span style=\"margin: 0px;padding: 0px\">confirmation that Allwyn&#8217;s planned majority acqui<\/span>sition of Novibet shares\u00a0had been called off, following concerns raised by the <strong>Hellenic Competition Commission (HCC).<\/strong><\/p>\n\n\n\n<p>Shortly after Allwyn revealed that the deal had been called off, Novibet issued a statement asserting that it would continue to \u201cexecute its strategic and investment plan with consistency, leveraging cutting-edge technology and its privately owned platform as key competitive advantages\u201d.<\/p>\n\n\n\n<p>Don\u2019t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Novibet has appointed Yiannis Stravroulas as its new Chief Technology Officer, with leveraging AI and other emerging technologies outlined as a key remit for the new hire. Headquartered in Greece, Novibet is one of the largest companies in its home nation and in nearby Cyprus, but also a major player internationally, active in eight other [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":12853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1],"tags":[],"class_list":["post-12852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Novibet Appoints New Chief Technology Officer as Part of Its Strategic Development - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"Novibet has appointed Yiannis Stravroulas as its new Chief Technology Officer.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2026\/04\/29\/novibet-appoints-new-chief-technology-officer-as-part-of-its-strategic-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Novibet Appoints New Chief Technology Officer as Part of Its Strategic Development - 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