The National Football League’s (NFL) Christopher Halpin is set to leave his position as the Chief Strategy and Growth Officer later this month, according to The Athletic.
Halpin, who was most responsible for the NFL’s efforts in legalising gambling and international growth, first joined the NFL in 2013 as a VP of Media Strategy and Business Development.
Furthermore, The Athletic has also reported that since the Supreme Court’s decision to allow states to legalise college and professional sports betting three years ago, the league has increasingly embraced gambling.
Whilst it is also expected to generate about $270 million in sports betting revenue for 2022, research from the American Gaming Association (AGA) recorded that 45.2 million in the country planned to wager on the NFL.
Halpin became a ‘highly-respected’ member of the league office, and now, he is to take over corporate finance, accounting, mergers and acquisitions, investor relations and administration functions for the IAC.
On the new appointment, Joey Levin, CEO of IAC, commented: “Chris comes to IAC from a world-class brand, with a deep understanding of how digital is reshaping consumer behavior.
“His breadth of experience has touched most major and emerging consumer technologies and platforms and spans a broad range of business models and categories. Chris will be a tremendous asset as we embark on yet another chapter of growth at IAC.”
Prior to the NFL, Halpin was a Partner and Managing Director at Providence Equity Partners where he worked for 13 years and led transactions across media, entertainment, and technology.
Halpin added: “IAC is where great businesses are built, and I’m honored to help shape the company’s next phase. A core theme of my career at both the NFL and Providence Equity has been understanding and capitalising on the growth opportunities that result from changing consumer digital engagement.
“I’m excited to partner with the entire IAC team to continue to build shareholder value and define a new and innovative chapter in the IAC legacy.”