Interwetten Sports’ Dominik Beier Steps Down

Dominik Beier, Speaker of the Board for DACH market betting group Interwetten Sports, has announced that after two years in the position, he has ended his leadership of the company.

Appointed Speaker of the Board (lead executive) in December 2018, Beier’s appointment was seen as a ‘generational change for Interwetten’s enterprise’  replacing long-term executive Werner Becher.

Beier wrote on LinkedIn: “It’s been 2 great years at Interwetten Group. We have delivered, two times in a row, record revenues (2019 and 2020), increased profitability, modernized the processes, gave the company a new communication strategy, lifted the product back to the top and all that during hard times for the industry as well as big challenges for the whole society due to COVID-19.

“Thanks to all employees, the management team, suppliers, partners as well as all other companions and supporters for the very inspiring and successful time together. Now it’s time to take on the next challenge.”

Initially, Beier started his career at the Live Sports Streaming Site LAOLA1 in Vienna in 2011, where he rose to become a member of the executive team, which in 2016 sold the company to Sportradar.

He subsequently joined Sportradar where he was appointed as Global Head of Sponsorship / Advertising Sales (2016-2018) to lead the company’s new sponsorship and media rights market divisions.

Recognized as the youngest chief executive of sports betting, Beier ‘s appointment saw Interwetten begin expanding its international presence outside the European markets, with the company launching its sports betting services in Nigeria by the beginning of 2020.

Further details about his departure, Beir clarified to the media that it was a ‘common decision to separate paths’ and that he had ‘different views on how to position and develop the company.’