Wednesday, June 20, 2018

Sky Bet Boss Richard Flint Named UK’s Best CEO in Glassdoor’s Employees Choice Awards

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Sky Bet Boss Richard Flint Named UK’s Best CEO in Glassdoor’s Employees Choice Awards

Sky Betting & Gaming Chief Executive Richard Flint has been recognized as UK’s best CEO of 2018 in Glassdoor’s sixth annual Employees Choice Awards. Mr. Flint has been at the company’s helm for nearly two decades.

Glassdoor’s list shows that the Sky Bet executive has nipped past Microsoft boss Satya Nadella and Capital One’s Richard D. Fairbank. This year’s top 5 ranking also includes Marc Benioff from Salesforce and Tim Kidd from Kantar Worldpanel.

Generally speaking, the Top CEOs list, presented by job search and reviews website Glassdoor, is based on reviews and feedback from current and former employees of one company or another. To qualify, a given company needs to be employing at least 1,000 people. Sky Bet, one of UK’s biggest online gambling companies, currently employs around 1,200 people.

Some of the comments from Sky Bet staff regarding the company’s top executive and management team pointed that managers were “approachable” and that there was clarity about how the business was doing.

As mentioned above, Mr. Flint assumed the CEO post at the major gambling company nearly twenty years ago. Sky Bet has over the years grown into the operator with the largest active UK online player base. Most recently, the company has revealed that it generates 80% of its revenue from mobile gambling, an indication that it is one of the early successful adopters of what is anticipated to turn into a leading growth driver within the global gambling industry.

Commenting on his role as a leader, Mr. Flint said in an interview with Quartz at Work that, contrary to what many believe, a boss and a leader does not always have all the answers and is not always “the smartest person in the room”. Of his approach to leadership, the executive said that he fosters a “supportive and collaborative” work environment that revolves around “empathy, humility, and honesty”.

Recognition amid Expansion

Sky Bet had previously focused its attention solely on its domestic UK market. However, the company announced last year that it would look to expand across other major markets, with the first two of these being Italy and Germany.

Reports emerged earlier this year that the company was planning to float on the London Stock Exchange. That plan was later on put on hold as Canadian gambling giant The Stars Group, owner of poker operator PokerStars, announced that it was buying Sky Bet in a deal valued at around $4.7 billion that would result in the creation of the world’s largest listed online gambling company.

The transaction is expected to be completed in the third quarter of the year, subject to approval from gambling regulators, NASDAQ, and the Toronto Stock Exchange. Being part of The Stars Group will give Sky Bet access to a number of new markets to deliver its geographical expansion strategy in.

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