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Roger Parkes announces departure from Betway Group

PASA News
PASA News
·Mars

On July 9, 2024, Roger Parkes, Betway Group esteemed Director of Compliance and Regulatory Affairs, has announced his departure from the leading company after nearly a decade of committed service. A key figure in shaping Betway's compliance framework, Parkes revealed his decision to rest, recharge and reflect before pursuing his next career challenge.

Betway says goodbye to industry veterans Parkes joined in July 2015 Betway, serves as global head of compliance and regulatory affairs and is based in London. In June 2018, he moved to Malta where, due to his tireless efforts, he was promoted to Director of Compliance and Regulatory Affairs. Parkes’ tenure has seen him manage key areas such as regulatory compliance, licensing, betting integrity, customer welfare, know your customer (KYC) and anti-money laundering (AML).

Looking back on his time at Betway, Parkes noted that he knew instantly to the company’s potential. He added that his efforts played a key role in securing the company's SGHC and NYSE listings, as he introduced an efficient compliance culture and corporate governance and contributed to major restructuring efforts.

I am proud to say that the board of directors unswervingly supports my development An efficient and industry respected Compliance/AML/BI/DP and Safer Gambling team.

Before his influential role at Betway, Parkes A diverse career in the gambling and compliance sectors. He has served on the Gambling Commission, initially as Remote and Technical Advisor from July 2006 and later as Senior Manager of Divisions and Themes from April 2014. In between these roles, he spent almost six years as Group Compliance Director at Betfair.

Parkes plans to take a break Parkes announced his departure from Betway on his LinkedIn profile Expresses complex emotions. He expressed his immense gratitude for the continued support he has received during his tenure with the company, thanking the Chairman, CEO, other senior executives and his team for their enthusiasm, commitment and professionalism. Parkes remains optimistic about Betway's prospects, praising its successful strategy.

Looking ahead, Parkes shared his plans for a few days off. Month to rest and recharge. He noted that some of the friendships formed during his tenure will not survive his departure and wished his colleagues good luck. Parkes added that he has not yet considered specific career plans to follow his sabbatical, but believes new opportunities will soon arise.

Like everyone else who left without the next role, It's both unsettling and exciting, but the next challenge/opportunity is just on the horizon!

Parkes' departure comes as the industry awaits his next move Marking the end of an important chapter for Betway, which will now look to build on the solid compliance foundation he has established. Although Parkes has some concerns about his uncertain future, his impressive record of success should help him easily continue his career journey, leveraging his vast expertise in the industry.

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