Betmakers Technology Group Ltd. announced that Mr. Matt Davey has been appointed as President and Executive Chairman as part of a Company restructure. Mr. Davey is a former Board member of BetMakers and a highly respected global wagering and gaming business leader with a proven track record. His appointment is a key part of the Company's decision to restructure its Board and Management.

The changes are intended to accelerate the delivery of business optimisation and growth, and ultimately to maximise shareholder value. The changes, effective immediately, are as follows: Nick Chan, formerly Non-Executive Chairman, remains on the Board as a Non-Executive Director; Todd Buckingham, formerly CEO, has been appointed to a new role of Chief Growth Officer, with a dedicated global project remit, as part of Todd's refocus, he has also stepped down from the Board; and Jake Henson, formerly COO, has been appointed Chief Executive Officer. The Board and Executive management team of BetMakers have taken action to realign management responsibilities and reporting lines to address the factors noted above.

These changes are: Matt Davey appointed to the Board in the role of President and Executive Chairman to provide strategic direction, oversight and prioritisation Nick Chan remains on the Board as Non-Executive Director, maintaining the Company's access to his experience, corporate knowledge, and expertise Todd Buckingham moves from CEO to Chief Growth Officer with a focus on developing and executing on international opportunities; and Jake Henson is promoted from COO to CEO with a focus on driving the operational excellence of the business and optimising profitability.