Jelly Entertainment has announced the appointment of Steven Matsell as its new CEO, bringing over 20 years of rich industry expertise to the helm. Matsell steps into the role at a pivotal moment, succeeding David Newstead, who will take on the strategic position of Chief Business Development Officer to bolster the company’s growth trajectory and market presence.
Jelly Entertainment Welcomes Steven Matsell as New CEO
Extensive Industry Experience and Visionary Leadership
Steven Matsell’s career spans two decades of significant contributions to the iGaming sector. Prior to joining Jelly Entertainment, he served as Director at Gaming Technology Solutions (GTS), which operates under the prominent Playtech umbrella. Matsell then transitioned to lead Leander Games as CEO, where he solidified his reputation for strategic acumen and business growth. Following Raw iGaming’s acquisition of Leander Games, Matsell embraced the role of Chief Commercial Officer at Raw iGaming in 2022, showcasing his adaptability and innovative thinking.
Upon his appointment, Matsell expressed his enthusiasm: “Stepping into this role excites me, and I’m inspired by the talented team around me. My goal is to build on the strong foundation David established, accelerating growth and new market expansion while upholding our commitment to service, relationships, and values.”
David Newstead’s Transition to Chief Business Development Officer
As Steven Matsell assumes the CEO role, David Newstead, who has been instrumental in establishing and nurturing Jelly Entertainment, will transition to the position of Chief Business Development Officer. Newstead’s move aligns with his proven expertise in market development and fostering international partnerships.
Matsell emphasized the significance of Newstead’s contributions: “David has been key in building Jelly into what it is today. His determination and resilience have driven much of our success, and his move to Chief Business Development Officer will allow him to focus on his true strength – developing new business opportunities and nurturing international partnerships.”
Newstead himself acknowledged the importance of this moment for Jelly: “Jelly is at an important juncture, and Steven has a great working rapport with me. He aligns perfectly with the culture and character we’ve built and has been with us from the beginning, playing a key role in driving our success. I couldn’t think of anyone better to lead us into our next growth phase.”
Broader Leadership Changes at Jelly Entertainment
The appointment of Steven Matsell is part of a broader C-Suite restructuring at Jelly Entertainment that has seen the addition of key leaders throughout the year. Notably, Silvio Insigne joined as Chief Financial Officer (CFO), Kim Eaglestone as Chief Operating Officer (COO), and Salvador Lima as Chief Commercial Officer (CCO). These strategic appointments are aimed at reinforcing Jelly Entertainment’s commitment to innovative growth and strong operational governance.
A History of Innovation and Growth
Matsell’s journey reflects a career driven by innovation, strategic foresight, and a relentless pursuit of excellence in the iGaming industry. His leadership at Leander Games was marked by significant expansions in the company’s product portfolio and partnerships, enabling it to carve out a substantial presence in competitive markets. His role as Chief Commercial Officer at Raw iGaming further demonstrated his capacity to adapt to new challenges, facilitating a seamless integration of operations post-acquisition.
Commitment to Service and Strategic Development
In his new role as CEO, Matsell aims to continue the momentum that David Newstead set into motion, focusing on new market expansion and reinforcing Jelly Entertainment’s dedication to maintaining strong partnerships and delivering quality service. This leadership shift is poised to enhance the company’s influence in the iGaming sector and beyond, leveraging Matsell’s blend of commercial strategy and deep market insights.
Jelly Entertainment’s leadership transition marks a significant step forward in its pursuit of sustainable growth and market prominence. With Matsell at the forefront and Newstead supporting strategic initiatives, the company is well-positioned to navigate the complexities of the global gaming industry and seize new opportunities.
Steven Matsell’s Broader Industry Contributions
In addition to his notable corporate roles, Steven Matsell serves as a Managing Partner and Founder of White Coral Group, a legal advisory organization dedicated to serving the iGaming markets. This additional role underscores his multifaceted expertise in both business strategy and regulatory compliance, highlighting his comprehensive understanding of industry trends and challenges.
Looking Ahead: Jelly Entertainment’s Strategic Vision
With Steven Matsell at the helm, Jelly Entertainment embarks on a new chapter defined by strategic growth and innovation. This leadership change is expected to propel the company’s efforts in exploring new markets, strengthening partnerships, and delivering state-of-the-art gaming experiences.
FAQs About Steven Matsell’s Appointment as CEO of Jelly Entertainment
1. Who has been appointed as the new CEO of Jelly Entertainment?
Steven Matsell has been appointed as the new CEO of Jelly Entertainment.
2. What is Steven Matsell’s professional background?
Steven Matsell has over 20 years of experience in the iGaming industry. He previously served as Director at Gaming Technology Solutions (GTS) under Playtech and was CEO of Leander Games. He also held the position of Chief Commercial Officer at Raw iGaming following its acquisition of Leander Games in 2022.
3. What role will David Newstead take following the appointment of Steven Matsell?
David Newstead will transition to the role of Chief Business Development Officer at Jelly Entertainment, focusing on market presence and developing new business opportunities.
4. Why is David Newstead’s move significant for Jelly Entertainment?
David Newstead’s move to Chief Business Development Officer will enable him to leverage his expertise in nurturing partnerships and strategic market development, ensuring Jelly Entertainment continues to grow and expand.
5. What did Steven Matsell say about his new role at Jelly Entertainment?
Steven Matsell expressed his excitement, stating, “Stepping into this role excites me, and I’m inspired by the talented team around me. My goal is to build on the strong foundation David established, accelerating growth and new market expansion while upholding our commitment to service, relationships, and values.”
6. What were some of the recent C-Suite changes at Jelly Entertainment?
In addition to Matsell’s appointment as CEO, Jelly Entertainment welcomed Silvio Insigne as CFO, Kim Eaglestone as COO, and Salvador Lima as CCO throughout the year.
7. What experience does Steven Matsell bring to his new position?
Matsell brings extensive experience in strategic leadership, business development, and innovation in the iGaming sector, which positions him to effectively guide Jelly Entertainment’s future growth.
8. How did David Newstead contribute to Jelly Entertainment before this transition?
David Newstead played a key role in establishing Jelly Entertainment’s current standing and success. His leadership was pivotal in building the company’s foundation and driving its growth.
9. What is White Coral Group, and what is Matsell’s involvement?
White Coral Group is a legal advisory firm serving the iGaming industry, where Steven Matsell is a Managing Partner and Founder.
10. What strategic goals does Steven Matsell have as the new CEO?
Steven Matsell aims to accelerate Jelly Entertainment’s growth, expand into new markets, and maintain the company’s commitment to strong partnerships and quality service.
