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NEW C.F.O. FOR WPT ENTERPRISES
The financial manager involved in the pioneering growth of social networking giant MySpace, Thomas Flahie, has been named as interim Chief Financial Officer by World Poker Tour Enterprises founder and CEO, Steve Lipscomb.
Flahie has an impressive c.v., having previously served in financial management at Internet companies such as eLabour and Balance Bar.
Announcing the appointment, Lipscomb said that WPT and its TV, ClubWPT.com and WPT China activities would all benefit from Flahie's experience and professionalism.
"Tom has a wealth of finance and accounting expertise and a particularly strong management record with an emphasis on growth businesses," Lipscomb said.
Flahie commented: "This is an exciting and dynamic time for WPT Enterprises and I look forward to working closely with the company’s executive team and the board of directors to realize the potential of the WPTE assets and brand."
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Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
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The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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