OpenBet has appointed Nikos Konstakis as its next chief executive officer, with incumbent boss Jordan Levin stepping into the chairman role. The betting and gaming technology supplier confirmed the handover will take effect at the end of 2026, closing out a period that has already included a management buyout and a pending lottery acquisition.
What happened
OpenBet announced on 22 September that
Konstakis, the company’s president, would be appointed chief executive officer, with current CEO Jordan Levin to step into the role of chairman
. The transition is staged rather than immediate:
Levin will immediately assume his role as chairman, while Konstakis will officially take on the CEO position at the end of the year
.
Konstakis is a long-serving internal candidate.
He will replace Jordan Levin, who will transition to the role of chairman after over five years as CEO, taking on the role having served as the company’s president for the past nine months
.
Since joining OpenBet in September 2021, he has held various other leadership roles, including chief operating officer and group chief product officer.
His background extends further back into the industry:
he also had an earlier spell with OpenBet, working as vice president trading between November 2017 and March 2018, then spent three-and-a-half years at SG Digital before rejoining OpenBet, and earlier in his career spent more than eight years working for Intralot
.
As CEO, his remit will be broad.
Konstakis will lead OpenBet’s strategy and day-to-day business, with a focus on growth, product and technology priorities, according to the company
. Levin, for his part, is not stepping away entirely:
Levin will transition to the role of chairman and “continue to play an active role in shaping OpenBet’s long-term strategy.”
Both executives issued statements on the change. Levin said Konstakis
“has already been instrumental in driving the evolution of OpenBet and I have tremendous confidence in his leadership as CEO”
, while Konstakis said it was
“a privilege to take on this role and lead the business at such an exciting time”
.
Why it matters
The leadership change lands at a period of heavy corporate activity for OpenBet.
The company said the leadership change follows a period of activity that includes its planned acquisition of OmniLogic, aimed at strengthening its lottery market position and relationships with World Lottery Association operators
. That deal signals an ambition to diversify beyond core sportsbook technology into lottery, a segment with its own distribution and compliance requirements across national operators.
OpenBet’s recent operational scale also underlines why continuity in leadership matters to its operator customers.
OpenBet also said it processed more than 175 million bets and $3 billion wagered during the World Cup, and noted that it completed a management buyout backed by Ariel Emanuel in 2025, with participation from Ope
[n Bet’s management team]. For sportsbook operators relying on OpenBet’s trading and platform infrastructure, a smooth internal succession reduces the risk of disruption to product roadmaps and support commitments during a period of continued M&A.
For affiliates and marketing partners, supplier-side leadership stability tends to matter less directly than operator-facing changes, but it is still relevant where OpenBet’s white-label and platform clients depend on consistent delivery timelines for new markets or product features that affect player-facing experience and, in turn, conversion rates.
The bigger picture
Konstakis takes over a business still absorbing the effects of its 2025 separation from Endeavor.
Jordan Levin led the company through its management buyout of Endeavor last year and has led the business since 2021
. Since then, OpenBet has continued to pursue growth through acquisition rather than organic expansion alone, with the OmniLogic deal representing its latest push into adjacent verticals.
The appointment is one of several recent leadership reshuffles across major gambling technology and media suppliers, following on from moves such as DAZN’s recent C-suite overhaul. Such changes reflect a broader pattern of supplier businesses tightening executive teams as they navigate tax pressure in mature markets like the UK and pursue growth through consolidation and new verticals such as lottery and prediction markets.
For more on how supplier and operator corporate moves are reshaping the industry, visit our industry news section.
Sources
- Gambling News – OpenBet Names Konstakis CEO as Levin Becomes Chair
- SBC News – OpenBet ready for Nikos Konstakis to take over leadership
- iGB – OpenBet names Nikos Konstakis as CEO, as Jordan Levin becomes chairman
- Next.io – OpenBet appoints Nikos Konstakis as new CEO
- Gaming.net – OpenBet Names Nikos Konstakis CEO in Leadership Transition
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