BlueBet has confirmed that Matthew Tripp has succeeded Michael Sullivan as chairman of the company with immediate effect.
Tripp takes over as chairman following last year’s combination of BlueBet with his Betr business, with Sullivan continuing to serve on the board as a non-executive director.
“I am honoured to become chairman of Bluebet and look forward to working with our world-class board and management team to deliver value for BlueBet shareholders,” said Tripp.
“With the combination of BlueBet and betr already delivering results, we are rapidly advancing towards our goal of becoming the leading independent Australian wagering operator focused entirely on the domestic market.”
“I would like to thank Michael Sullivan for his outstanding leadership of BlueBet,” Tripp added. “The company is in its strongest ever position for accelerated growth and I am delighted that we will continue to benefit from Michael’s significant experience on the board.”
Reflecting on his tenure as chairman, Sullivan commented: “I am proud to have led the board of BlueBet through the company’s formative years, from our beginnings as a “True Blue Bookie” in 2015, through our listing on the ASX in 2021, and through our transformative merger with betr in 2024.
“Now the time is right to hand over the chairmanship to Matthew Tripp, who I have known for three decades and whose track record of success gives me every confidence that he is the right person to steward the company through the next stage of its growth.”
Shares in BlueBet Holdings Ltd (ASX:BBT) closed 3.39 per cent lower at AU$0.28 per share in Sydney Tuesday.