Press

iGB Most Influential Women 2018 -
Paula Cara Farcas (CTO, Colossus Bets)

13th July 2018

Farcas became chief technology officer at Colossus six months ago, having joined the supplier as a developer in October 2015.

Just 24, she has had a stratospheric rise through the ranks since graduating in 2015 with a computer science degree from Babes, -Bolyai University in Romania. Little over a year after joining Colossus, Farcas took the helm at Colossus Racing, and as the leader of partner integration grew Colossus’ network from five to more than 40 partners globally.

She also led the development of Colossus’ cash-out product for Canadian racetrack Woodbine. Having worked through several obstacles relating to legacy technology on the operator’s side Farcas launched North America’s first ever cash-out product last year.

Her latest challenge is steering her 20-strong tech team through the delivery of Colossus Racing’s new pools product in collaboration with BritBet and a consortium of 55 British racecourses this summer. Farcas says the most rewarding part of her job is seeing new products succeed in a highly competitive market. “I’m also equally proud of the numerous, albeit less visible, instances when we’ve worked around legacy technologies to deliver modernised outcomes for our partners,” she adds. “I now have an increased appreciation of how big a challenge it is to make an impact in this industry, and innovation coupled with adaptability is key.”

Over the next few months Farcas will be focused on delivering the pools product, travelling widely to meet new racing partners and cementing relationships with existing clients. She advises other women aspiring to success in igaming to “look beyond the gender imbalance and just take the challenge”. Farcas points to the “conscious drive” by business to bring in more female leaders in the industry, adding “the rewards can be high for those who dare”.