UK Tote Group strengthens board with two additions

UK Tote Group, the owner of UK-based pool betting operator the Tote, has announced the appointment of two new non-executive directors.

The appointments will bring “valuable experience and significant expertise from the business world” to the board, as the company looks to support growth, product innovation and customer experience.

Lord Michael Spencer of Alresford joins Tote Group as one of the company’s investors, after previously founding interdealer broker ICAP and its successor company, NEX. US company CME Group purchased NEX in 2018, with Spencer focusing on investments through his IPGL firm since then.

Mark Holt joins Tote Group as a non-executive director, bringing extensive tech industry experience to the company. Holt currently serves as Chief Product and Engineering Officer at 10X Banking Technologies Services, previously holding Chief Technology Officer positions at CPA Global in 2012 and Trainline in 2014.

  
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