Sattar co-founded the business and has been serving as co-CEO since September 2021. As well as becoming the sole CEO of Sightline, he will now lead its Payments Innovation arm.
Elsewhere, Sightline confirmed Mike McManus, former CEO of Joingo, will become president of the Customer Innovation business. McManus moves into the new role after 10 months as senior vice-president for integrated casino resorts at Sightline.
“Mike is equipped with the requisite skills, experience and vision to actualise our commitment to the industry,” Sattar said.
Sightline shuffles the C-level pack
Other changes include Tom Sears transitioning from chief operating officer to the position of strategic advisor to the CEO. Felicia Gassen will remain as chief of staff and also assume the additional role of chief administrative officer.
In addition, Jonathan Michaels moves from senior vice-president of strategic development and government affairs at Sightline to become principal of Michaels Strategies, an advisory firm with Sightline as its inaugural client.
“As we envision Sightline’s imminent and promising future, spearheading the industry’s innovation emerges as our foremost endeavour,” Sattar said. “Our motto remains clear: Innovate and then innovate some more.”
Sightline Payments: Nevada’s first fintech unicorn
(Photo credit: Sightline site)
The provider’s flagship Sightline Pay product enables players to use a single digital payment method across all gaming channels and throughout land-based resorts. The solution is used by over 80 partners in more than 40 US states across sports betting, lottery, horse racing and covering the online and land-based casino markets.
In October last year, Sightline secured new investment from the JP Morgan Payments arm of investment bank JP Morgan to support its growth plans. The investment took place during a funding round.
Under the investment agreement, Sightline has been working with JP Morgan Payments to develop new solutions for the gambling sector.
Sightline also previously secured investment from Cannae Holdings, run by US businessman William Foley. Its valuation at the time rose to $1bn, making it Nevada’s first fintech unicorn.
Original article: https://igamingbusiness.com/people/people-moves/sightline-names-sattar-solo-ceo-in-executive-reshuffle/
