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BTG977 Appoints Drew M. Kelley as CEO to Lead Global Gaming Operator Acquisitions

Former IGT Global Gaming CFO Drew M. Kelley named CEO at BTG977, with a mandate to accelerate acquisition of regulated gaming operators across four continents.

By Marcus WebbPublished Sep 29, 20264 min readEurope
Drew M. Kelley appointed CEO of BTG977, leading global gaming operator acquisition strategy

Key Takeaways

  • BTG977 has appointed former IGT Global Gaming CFO Drew M. Kelley as Chief Executive Officer.
  • Kelley will oversee BTG977’s strategy to acquire regulated gaming operators in Europe, Central Asia, South America, and Africa.
  • The company focuses on preserving local brands while providing shared technology, capital, and AI-native operational infrastructure.
  • BTG977 targets both traditional gaming businesses and online providers, expanding into sports betting and prediction markets.

BTG977 has appointed Drew M. Kelley as Chief Executive Officer to spearhead its global acquisition strategy targeting regulated gaming operators. Kelley, previously CFO of International Game Technology’s Global Gaming division, is now responsible for strengthening BTG977’s portfolio through institutional capital, operational expertise, and AI-driven infrastructure across Europe, Central Asia, South America, and Africa.

Drew M. Kelley’s Background and BTG977’s Acquisition Vision

Drew M. Kelley brings more than 25 years' experience in gaming, hospitality, investment banking, and financial leadership to BTG977. His career includes senior positions at Merrill Lynch & Co., Bear, Stearns & Co. Inc., and Jefferies LLC, as well as recent tenure as Chief Financial Officer of Global Gaming at International Game Technology (“IGT”). He is credited by BTG977 with having worked on transactions exceeding $100 billion in combined M&A, capital markets, and strategic financing.

BTG977 has positioned itself as a gaming and technology holding company acquiring market-leading, profitable operators in regulated jurisdictions. The appointment of Kelley signals an increased emphasis on transactional activity and portfolio development to build out a global presence. BTG977’s stated approach is to retain local brands and teams of acquired operators, focusing instead on providing shared technology, operational systems, and new product capabilities to drive further growth.

BTG977’s Approach to Operator Acquisition and Integration

BTG977’s acquisition model distinguishes itself from conventional roll-up strategies. Rather than imposing a single corporate identity, the company’s framework prioritises:

  • Preserving acquired operators’ existing brands and leadership
  • Integrating AI-native technology into operational functions
  • Leveraging capital and shared infrastructure to accelerate expansion
  • Enhancing back-office effectiveness through unified systems

As Drew M. Kelley said, > “BTG977 is taking a fundamentally different approach to building a global gaming portfolio. We’re not looking to simply acquire operators and integrate them. We’re building on what makes each business successful while applying technology, operational discipline, and capital to unlock its next phase of growth.”

BTG977 intends to provide institutional investors with access to a diversified portfolio across both traditional brick-and-mortar operations and online gaming providers. The firm also identifies growth opportunities in prediction markets and regulated trading instruments, echoing the broader convergence occurring in the sports betting and trading sectors.

Geographic Focus: Regulated Markets Across Four Regions

The holding company’s acquisition strategy targets regulated gaming operators in:

  • Europe
  • Central Asia
  • South America
  • Africa

BTG977’s leadership highlights that these regions present substantial growth potential in both established and emerging market segments. The company’s remit includes not only gaming and casino operations but also technology-driven online platforms and prediction-based products.

Supported by the new CEO’s experience in navigating licensed markets and large-scale transactions, BTG977 aims to scale its holdings in areas where regulatory frameworks are continuously evolving.

Supporting Acquired Operators with Technology and Capital

A key component of BTG977’s model is the application of AI-native technology to streamline operations in acquired businesses. By supplying shared back-office capabilities and operational infrastructure, the company looks to standardise efficiencies without eroding local expertise or customer loyalty at the brand level.

The deployment of institutional capital is central to this strategy. Kelley’s background in structured finance is intended to support the growth and modernisation of acquired companies, giving them access to resources typically reserved for larger multinational brands.

“For our investors, we bring unparalleled access to untapped, growing gaming markets,” Kelley stated, positioning BTG977 as a conduit for international capital and operational discipline in the evolving gaming sector.

Strategic Outlook: Building a Next-Generation Global Gaming Portfolio

BTG977’s leadership under Kelley follows a stated vision to combine operational best practice with innovative product development. Expansion initiatives include:

  • Growth into adjacent verticals such as sports betting and prediction markets
  • Investing in regulated trading instruments alongside core gaming activities
  • Using M&A as a primary tool for market entry and scale

By integrating back-office systems and deploying AI-driven decision-making, BTG977 aims to set itself apart as it consolidates holdings across diverse regulated markets.

For industry news and events tracking similar acquisition strategies and executive appointments, BTG977’s latest developments reflect a wider trend among gaming holding companies seeking differentiated models in both mature and high-growth regions.

Frequently Asked Questions

Who is the new CEO of BTG977?

Drew M. Kelley has been named CEO of BTG977. He previously served as Chief Financial Officer of Global Gaming at International Game Technology (IGT) and brings extensive experience in M&A and financial leadership.

What regions does BTG977 target for gaming operator acquisitions?

BTG977’s acquisition strategy targets regulated operators in Europe, Central Asia, South America, and Africa, reflecting a diverse focus on both established and emerging markets.

How does BTG977 integrate acquired gaming operators?

BTG977 retains local brands and management teams, providing shared operational systems, AI-native technology, and institutional capital to enhance growth and efficiency.

What is different about BTG977’s acquisition approach?

BTG977 emphasises building on each operator's existing success, rather than enforcing central integration, leveraging technology and operational best practice to unlock additional growth.

What industries adjacent to gaming is BTG977 expanding into?

The company is extending its portfolio to encompass sports betting, prediction markets, and regulated trading instruments alongside its traditional gaming operations.

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btg977executive-appointmentsgaming-acquisitionsregulated-marketsai-in-gaming

About the author

Marcus Webb

Marcus Webb

Industry Deals Correspondent

Marcus Webb covers the deal flow of the gambling industry — operator strategy, M&A, market entries, and product launches from sportsbook rebrands to full platform migrations. The reports name the companies, valuations, and jurisdictions exactly as disclosed and separate the announcement from its market impact. When a group consolidates a brand or a challenger launches into a new state, Marcus Webb explains who gains, who pays, and what closes next quarter.

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