Itai Zak Appointed as the New CEO of Sports Betting Tech

GIBRALTAR, August 23, 2011 /PRNewswire/ --

Sports Betting Tech, a leading provider of interactive sports betting solutions, has announced the appointment of Itai Zak as its new chief executive officer. The appointment is part of a strategic board decision triggered by the company's growth and its entrance into a number of new ventures and opportunities in both traditional ".COM" and regulated markets.

Itai will join Sports Betting Tech at September and will oversee the company's day-to-day operation, technology and products' strategy and the development of its B2B business components.

Itai has a proven track record of driving strong, sustainable revenue and productivity gains within highly competitive global eGaming markets. Prior to join Sports Betting Tech, Itai served as an executive VP of eGaming products at Spiral Solutions, a company which provides a complete turnkey managed services solutions for regulated eGaming markets.

Itai also served as an executive VP and general manager of Spin3, a division of Spiral Solutions and the exclusive provider of mobile gaming solutions to Microgaming, a leading developer of online gaming solutions.

"I am absolutely delighted to be joining the team at Sports Betting Tech," Itai says. "There is a strong demand for the highly attractive and advanced sports betting solutions the company provides and I'm looking forward to ensure we continue to advance and grow in what is undoubtedly a dynamic and competitive marketplace."

About Sports Betting Tech:

Sports Betting Tech was established in 2007 to provide cutting-edge sports betting solutions. The company is rapidly growing, and is now one of the leading gaming software developers and providers of interactive sports betting solutions. Its stable and secure platform is being increasingly adopted by leading gaming operators worldwide.