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Niall Wass Leaves Betfair
Tuesday, November 22, 2011 : Resignation prompted by being overlooked for top job
Niall Wass, Betfair's chief commercial officer for the past eight years, is reported to be leaving the online betting exchange following the appointment of Paddy Power's chief operating officer Breon Corcoran in the position of chief executive.
Industry sources intimate that Wass was understood to be the strongest internal contender for the top job and was unhappy at being overlooked, according to a Reuters report.
An unnamed Betfair spokesperson has reportedly confirmed Wass' departure saying: "Niall played a key role in bringing Betfair to where it stands today and we wish him every success in the future."
Wass will be leaving Betfair to join short-term loan provider Wonga in the role of chief operating officer.
Errol Damelin, chief executive and founder of Wonga said in an e-mailed statement to Reuters: "I'm delighted to welcome Niall on board and he will be a real asset as we continue to build a world-class consumer and technology business."
With the slew of senior management departures over the past year and an almost 50 percent decline in share price since the company’s IPO in October last year, it will be interesting to see what the future holds for Betfair.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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