EBet has appointed Jon Najarian as an Advisor as the company seeks to develop strategies to accelerate growth and expansion.
Najarian has worked in the securities and futures markets for four decades. He co-founded the trading options and securities education company MarketRebellion.com and is a regular contributor to CNBC Business TV.
“EBet is an exciting company with a solid strategy, field-tested wagering products, and a management team that can drive the business into a new era,” Najarian said.
“I believe their geographic reach, expansion plans, and customer base will help them carve out a leadership position in the industry.” I am thrilled to be joining and contributing my experience to help EBet accelerate its growth and realize its enormous potential.”
He previously traded on the Chicago Board Options Exchange and worked as a floor trader for 25 years, during which time he was a member of the NYSE, CME, and CBOT.
Najarian co-founded online brokerage firm TradeMonster in 2005 and sold it to E*TRADE Financial Corp for $750 million in 2016.
Najarian is currently an active investor and market analyst, and has given keynote speeches for the NYSE, Euromoney, and Institutional Investor.
“We are delighted to welcome Jon Najarian as an Advisor,” said EBet CEO Aaron Speach. His vast experience will undoubtedly provide EBet with strategic insight that will help shape the company’s direction and future success.” Last week, EBet implemented a series of drastic measures to increase profitability, including a 54% reduction in the total number of employees and contractors.