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Gaming Innovation Group (GiG) has recruited former SBTech and DraftKings executive Andrew Cochrane as its new chief business officer (CBO) for Platform & Sportsbook.

At the end of August, Cochrane left his role as SVP of commercial at DraftKings, where he had been for almost three and a half years. 

Prior to his time at DraftKings, Cochrane held the positions of chief commercial officer and chief business development officer at SBTech, where he played a crucial role in the business merger with DraftKings, leading to the combined entity’s listing on Nasdaq in April 2020. 

Before his tenure at SBTech, Cochrane served as a sales director at Sporting Solutions, where he built a sales and account management team.

He had previously managed the William Hill global account at Inspired Gaming Group.

Industry veterans reunite

Cochrane’s appointment marks his second collaboration with GiG’s newly appointed CEO for Platform & Sportsbook Richard Carter.

They previously worked together at SBTech, with Carter serving as the CEO at that time. 

Cochrane and Carter will focus on driving growth for GiG’s innovative product suite, establishing new partnerships in growth markets worldwide, and solidifying GiG’s position as a market leader for turnkey solutions.

Cochrane will be responsible for implementing GiG’s commercial strategies across its full range of iGaming platform, sportsbook, and AI-driven solutions, which includes business development, marketing, partnerships, and corporate development. 

His initial focus will be on recruiting top talent to help unlock opportunities in global markets.

“A significant coup”

CEO Carter said Cochrane’s appointment will help propel GiG’s “commercial efforts to unprecedented heights”. 

“His previous record speaks for itself, and the appointment marks a significant coup for the business, helping us to realise the enormous potential we have here at GiG,” Carter added. 

Cochrane, meanwhile, said he was “highly impressed with the ambitious plans in place” at GiG.  

“Having been part of teams that have delivered significant results within online gaming, and with the promise of further investment to continue to strengthen our offering, I have similar optimism for success at GiG. 

“We’re on the cusp of delivering something really special, so you can expect to hear a lot more about us over in the coming months,” he stated. 

Business transformation

GiG is undergoing a corporate restructuring initiative, which involves dividing the company into two distinct entities: GiG Media and GiG Platform & Sportsbook.

In September, GiG appointed Jonas Warrer, the current CEO of GiG’s Media division, as acting group CEO. 

In this role, Warrer is currently overseeing both GiG Media and the overall group operations until the restructuring process is completed.

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