BetMGM has promoted Jarrod Schwarz to the newly established role of chief operating officer, a move that underscores the company’s strategy to strengthen its leadership team during a period of growth. Schwarz, who previously served as chief product officer, will now oversee product, customer operations, technology, and trading functions across the business.
The announcement follows BetMGM’s strong H1 2025 performance, where the operator reported a 35% revenue increase and raised its full-year financial outlook. CEO Adam Greenblatt praised Schwarz’s leadership and described him as an integral part of BetMGM’s success in becoming one of the most recognizable brands in sports betting and iGaming.
In addition to Schwarz’s appointment, BetMGM announced organizational updates. Strategy, corporate development, and selected business development functions will now report into CFO Gary Deutsch, further aligning finance with strategic planning. The operator also introduced new vertical structures, with Oliver Bartlett leading iGaming and Raymond Doyle heading sports.
Schwarz brings over two decades of experience in digital product innovation, having previously worked at Disney, including on the launch of ESPN+, as well as holding senior roles at eBay and Bloomspot. His diverse background across e-commerce, sports, and entertainment uniquely positions him to guide BetMGM through its next phase of development.
The creation of the COO role highlights BetMGM’s focus on streamlining operations and integrating its strategic capabilities more closely. With a strengthened leadership team and continued growth momentum, BetMGM is positioning itself to further consolidate its market position in the competitive sports betting and iGaming landscape.
