Online gaming and lottery provider NeoGames has promoted Moti Malul to the role of chief executive, replacing Ilan Rosen who has stepped down after six years in charge.
Malul has been with NeoGames for 10 years and most recently served as executive vice president of sales and business development.
He joined NeoGames in November 2008 to establish and lead sales, marketing and customer growth, with his prior experience including 12 years in the telecom and internet industries with the likes of Ericsson and Smile Media.
“We are grateful to Ilan Rosen, who has been with us for nine years, serving as CEO for six of them, for driving the company to its current strong position as market leader in many segments and we wish him continued luck and success in his future endeavors,” said NeoGames founder and chairman Barak Matalon.
“Moti has been pivotal to the success of NeoGames in the last decade, opening new markets and ensuring that our customers see significant growth in their operations with our products and services. We have no doubt that he is the right person to lead the company’s growth and expansion into exciting new business opportunities.”
Following his appointment, Malul commented: “I’m honored and thrilled to be given this vote of confidence by the company and the board. It has been an amazing opportunity to lead the relationships with our customers for the past 10 years, as our customers are our biggest asset and will always continue to be.
“The growth opportunities we have are phenomenal – especially with current developments the US market, in which we have been operating successfully for several years already, and with the recent strategic deal we signed with William Hill.”