People round-up 10/11/11
A round up of industry moves from the last week.
Odds shorten on Mattingley becoming 888 CEO
59 year-old not seen as long-term solution but stellar 2011 results indicate he is likely to accept vacant position.
Three consecutive record quarterly results have encouraged Brian Mattingley, the 59 year-old current deputy chairman of 888, to put his name in the hat for the vacant chief executive position, eGaming Review has learned.
Although an 888 spokesman said the board is happy to continue with the current structure and “no decision had been made on who to appoint as Gigi Levy’s replacement”, eGaming Review has learned that following a stellar set of results over the last nine months Mattingley is in the process of negotiating terms to become permanent CEO of 888.
According to sources the City would welcome Mattingley’s appointment with recent financial results propelling the veteran gaming executive into the limelight and giving the 888 board the easy option of handing him the top job.
Earlier this week the company reported that its third-quarter revenues rose 10% on a record Q2, with B2C poker revenue growing 120%. Revenue for the three months ended 30 September came in at US$86m, up from $61m for the corresponding period in 2010 and the highest quarterly figure in the company’s history, with a 120% year-on-year increase in B2C poker revenue (from $8m to $18m) one of the main factors.
Read more here, and vote on this week’s eGR poll on the right-hand side of the page
Mfuse co-founder and CEO resigns
Marcus Wareham has resigned as CEO of mobile gaming application supplier Mfuse to “look for new opportunities in the gaming space”, he has told eGaming Review.
Wareham co-founded the company 10 years ago with former business partner Charlie Palmer who himself left in November 2009 to join Betfair as its head of mobile, a role he has since exited to start his own venture.
GigaMedia president and COO resigns
GigaMedia president and COO Thomas Hui has resigned and will leave the Everest Poker part-owner at the end of this year.
The former investment banker joined the software provider from Goldman Sachs in 2004, beginning as chief financial officer before taking the dual role of president and chief operating officer three years later.
People moves: the last seven days
Gibson resigns from Playtech board
Playtech non-executive director Barry Gibson has resigned from the board with immediate effect.
The former Littlewoods chief executive said in a statement that his resignation was a result of “The increasing demands of [his] other commitments.”
Mr Green appoints new information director
Malta-licensed casino operator has named Stina Reutercrona as its new information director upon her return from maternity leave.
Reutercrona, who had been global support manager for the Swedish-founded company since 2009, begins her new role this month. She will be based in Malta.
Bwin.party appoints country manager for France
François-Xavier Nottin has been named as bwin.party’s country manager for France, making him the first person to hold the position since the merger of Bwin and PartyGaming this year.
After five years at AOL as European marketing director, Nottin joined Everest Poker as its French country manager but left in August after less than one year in the role.
Paddy Power has appointed Paul Barford as a senior software developer. He previously held the same role at Pocket Kings.
Robert Skogh has joined Play’n GO as business development director. He spent more than five years as Boss Media‘s director of sales and marketing from December 1999.
Email any new moves to t.victor@egrmagazine.com with the subject line ‘eGR People Moves’.