As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Contains commercial content
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Betting.net / Betfred USA Names its New Chief Executive

Betfred USA Names its New Chief Executive

Publish Date: September 29, 2023
Fact checked by: Alyx Tzamantanis
Key Points
  • Kresimir Spajic to be the new Betfred USA chief executive
  • Will oversee the BetUSA strategy and operations in the US
  • Betfred hoping to boost market share in 10 US states

 

Is Betfred legal in Louisiana?

Kresimir Spajic has been named as the new chief executive of Betfred USA. The announcement was made by the sports betting platform earlier this month, and it is hoped that Spajic will help Betfred USA maintain its promising start in the nation.

Betfred USA has already gone live in 10 states and with the addition of Maryland to its roster, it will be getting ready to take its sports betting app to more people than ever before. But while overseas operators like Bet365 have found success in the US market, others like PointsBet have failed to make much of an impact. So can Spajic help to guide Betfred USA to lasting success in the US?

Spajic expected to help Betfred USA gain a lasting impact

Betfred USA has announced that Kresimir Spajic will be its new chief executive. Spajic’s remit will include implementing and maintaining the sports betting platform’s overall strategy and day-to-day operations across all of the 10 US states that the brand currently operates in.

Prior to Spajic’s new role, he had held roles at several major gambling companies such as Rush Street Interactive, Hard Rock International and Borgata. Spajic said that he aimed to help Betfred, ‘build a sustainable business in the US by delivering unparalleled value and support to our customers.”

Sports Bonus
4.7/5
Bet365
Sports Bonus
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
|
Go to Bet365
Get Bonus
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+

Betfred USA claims its 10th sports betting state

maryland Online Sports Betting to Launch Before ThanksgivingSpajic’s appointment comes at a pivotal time for Betfred USA in the brand’s bid to make a lasting impact in the sports betting scene in the nation. February 2023 saw Betfred USA launching its first retail sports betting outlet at the Mohegan Casino in Virgin Hotels Las Vegas in Nevada. This year also saw Betfred USA being one of just a handful of operators getting a licensed to host mobile sports betting in Maryland.

This will take Betfred’s mobile operations up to 10 states, as the Betfred USA app is already live in Nevada, Pennsylvania, Louisiana, Colorado, Iowa, Arizona, Virginia, Ohio and Washington. While this is just a fraction of the states currently operated in by some of the larger sportsbooks, it shows that Betfred USA is keen to make its presence felt in the US.

Betfred USA faces tough competition in many states 

Betfred is just one of many sports betting brands from outside the US who have attempted to make a lasting impact in the nation. The sportsbook has its origins in the UK as a high street betting shop that was founded in Salford, Manchester in 1967.

Betfred’s founder, Fred Done, went on record as saying that, ‘It’s an important and exciting time for our US business. Kresimir is the ideal person to further push and expand the Betfred brand in America.’

The American Gambling Association praise the upward trend of online gambling and its effects on the US MarketOther UK-based brands such as Bet365 have already performed well in the US and hopes are high that Betfred might be able to do the same. Part of Bet365’s success has come from the fact that it has had a slow and steady roll-out of its app that was recently just launched in the brand new Kentucky sports betting markets.

While Betfred is still struggling for market share among the market leaders such as FanDuel and DraftKing, it will know that getting a toehold in the market is a marathon and not a sprint.

Many other overseas sportsbook brands have struggled where Bet365 has succeeded. Recent months have seen the Australian sports betting brand, PointsBet, selling its US operations to the new Fanatics betting platform. This is because PointsBet failed to achieve the required market share despite having launched its apps in a number of key states, including the hugely lucrative New York betting market.

Betfred has already aggressively tackled its new markets in the US with some competitive promos including a welcome offer that gives new customers $111 in credit for betting $50, as well as getting up to $200 per week after that. However, the true test for Betfred is whether it is able to sustain such impressive promotions in the face of the tough market conditions.

Sports Bonus
4.7/5
Bet365
Sports Bonus
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
|
Go to Bet365
Get Bonus
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+

Conclusion – Reasons to be hopeful about Betfred USA

The appointment of Spajic to be the new chief executive of Betfred USA could be a shrewd move. Spajic has already gained plenty of experience at many premier gambling companies and there is no reason why he can’t help Betfred USA take things to the next level.

Achieving a credible market share will be Spajic’s key tasks. With the Betfred USA app now operational in 10 states, the sheer cost of operating will mean that the sportsbook will have to work hard to stay competitive. All of which could prove to be an interesting few months ahead for this sports betting brand.

Read Also
Fanatics Poised To Take Advantage Of New Nfl Season
Fanatics will go live in up to 11 states to coincide with ...
Fanatic Produces Strong Maryland Performance in Debut Month
Recently released figures have shown that Fanatics made a positive start in ...
BetMGM Promo
DraftKings and Fanatics Battle to Buy PointsBet in the US
DraftKings and Fanatics are engaged in a bidding war to buy the ...
Maryland Online Sports Betting to Launch Before Thanksgiving
We’ve got great news for fans of sportsbooks in Maryland, as the ...
Get $200 in Bonus Bets this Thanksgiving when claiming this NFL promo
Looking for NFL Thanksgiving promos in Maryland? You’ve come to the right ...
Latest News
Nevada Casinos kick off 2024 with record-breaking start
The gaming industry in Nevada started 2024 with ...
North Carolina Gubernatorial Candidates: their stances on casinos
As the North Carolina gubernatorial race heats up, ...
Gates of Bitcasino grants a max win, worth $2.5 million
A lucky player won $2.5 million on Gates ...
Thunderkick partners with Betway, strengthening foothold in UK
Independent slot developer Thunderkick signed a partnership deal ...
Delaware Park re-opens with new Vegas glamor after $10M upgrade
The Delaware Park Casino recently unveiled its upgraded ...
Top Betting Sites
Top Betting Bonuses
Bet365
Bet365
Bet365 Review
4.7/5
BetMGM
BetMGM
BetMGM Review
4.7/5
FanDuel
FanDuel
FanDuel Review
4.6/5
Caesars
Caesars
Caesars Review
4.5/5
DraftKings
DraftKings
DraftKings Review
4.5/5
Bet365
Bet365 Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
T&Cs apply
4.7/5
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.7/5
FanDuel
FanDuel Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
T&Cs apply
4.6/5
Caesars
Caesars Bonus
100% up to $1000
T&Cs apply
4.5/5
BetFanatics
BetFanatics Bonus
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
T&Cs apply
4.4/5
Get the latest updates in Sports and Casino via our Newsletter
Poker & Bingo

Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

Close
Players accepted in the US US Flag
Stake.us Exclusive Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Promo Code
Copy
Visit Site
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Exclusive promo code: BETCRYPTO
  • Drake loves this social casino!
  • Play for free with Gold Coins!
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site