STEPPING DOWN Gaming VC Holdings announced on Friday that Gerard Cassels, the company’s finance director, and Adrian Smith, a non-executive director, have both stepped down.
Richard Cooper, 47, and Karl Diacono, 46, have replaced the two board members, the company said, as finance director and non-executive board member, respectively.
After spending many years as a finance director at Tullett Prebon and Fidelity, Mr. Cooper also served as the group financial director at Patsystems Group, an Internet financial software supplier. According to Gaming VC, Mr. Cooper was also involved with Trident Gaming, an I-gaming acquisition company, as a director.
Currently the chief executive of Fenlex Corporate Services Limited, Mr. Diacono holds a number of other positions including managing director of Impetus Europe Consulting Group, director of Gaming VC Corporation Limited, a Maltese subsidiary of Gaming VC, and he serves as a non-executive director of various online gaming companies, according to a prepared statement.
PARTNER UP Praesepe, a London-based gaming group, and Jackpotjoy, a bingo, casino and fruit machine Web site, have entered a strategic partnership, Praesepe announced on Monday.
According to a prepared statement, the partnership will bring Praesepe’s Cashino brand online with Cashinogaming.com, which is set to launch this month. The new site will provide players with more than 100 of Jackpotjoy’s games, Praesepe said.
Nick Harding, Praesepe’s chief executive, said he believes that the agreement with Jackpotjoy represents an important development for his company and goes along with the brand’s vision to create a £50 million earning low-stake high-volume pan-European gaming group by 2010.
CEO CAR FIRE Early Monday morning The Daily Telegraph reported that a BMW belonging to Michael Sullivan, chief executive of Sportingbet Australia, burned outside his home in Australia while Mr. Sullivan was in Los Angeles.
The paper said that the 2007 BMW X5 was parked next to the home, which resulted in the evacuation of Mr. Sullivan’s wife and two children who were sleeping at the time. Two fire trucks put out the flames, according to the paper.
“Due to the quick work of the police and fire brigade, the fire was contained to the car and some damage to the outside of the house,” Mr. Sullivan told The Daily Telegraph. “There is currently a police investigation ongoing to determine the cause of the fire.”
WITH CARE On Saturday, 888 Holdings, the online operator, announced its bingo site, 888ladies, has received a certificate from the British National Association for Gaming Care Education Resources & Training, or GamCare.
The certificate issued by GamCare, a group that provides support, information and advice to anyone suffering through a gambling problem, shows that the company has achieved high standards of social responsibility and player protection, according to a statement from 888.
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