Online betting and gaming operator Super Group has strengthened its board of directors with the appointment of Merrick Wolman.

Wolman is the chief executive of global finance company Bellerive Group Holdings and has worked closely with the management team of Super Group, operator of the Betway and Spin brands, for over two decades.

Wolman assumes his board position with immediate effect and increases the number of directors on Super Group’s board to nine, including five independent directors.

Neal Menashe, CEO of Super Group, commented: ‘We are very pleased to welcome Merrick to the board. His deep understanding of the gaming industry, alongside his wide range of experience in executive roles, will be of great value as we continue to pursue our global growth strategy and build on our successes to date.”

The appointment of Wolman follows on from the news earlier this week that Super Group has entered the world of Formula 1 through a multi-year partnership with Atlassian Williams Racing.

The partnership will see the operator’s Betway and Jackpot City brands feature on the team’s cars throughout the 2025 Formula 1 season, which begins in Melbourne next month.

Shares in Super Group Ltd (NYSE:SGHC) closed 0.60 per cent lower at $8.35 per share in New York Wednesday.