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Online betting group seeking replacement

Rorie Devine, the high profile Chief Technology Officer for the Betfair online gambling group is moving on, according to reports this week in British IT journals. Devine is apparently considering several opportunities and leaves the company by "mutual consent" in an amicable parting of ways after just under five years service.
 
Widely respected among his peers as an IT executive with a sound understanding of business, Devine was one of the UK's top CIOs last year and has a degree in computer systems and electronics from Kings College. He began his IT career with LogicaCMG, working with clients such as the Bank of England before moving to consult on trading-floor systems in investment banking, working with more than 20 major financial institutions before joining Betfair in 2004.
 
In a statement to the media, Betfair's CEO David Yu said Devine had transformed the company's technology team during his time as CTO.
 
"Rorie transformed our technology team from that of a growing start-up to one which powers one of the most successful internet businesses," Yu said. "He introduced processes and rigour that resulted in our site becoming more stable, performing better, and having more headroom than ever. He also led the department through exceptional growth with headcount tripling and the inclusion of many new products across our portfolio. He leaves with my sincere thanks for all his contributions."
 
Betfair said it has engaged a head hunting agency to find a replacement for the affable Devine.
 
According to the industry publication CIO, Devine’s 300 strong IT team makes up 25 percent of the Betfair workforce in west London.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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