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Management Changes at Party Poker

Friday June 7,2013 : MANAGEMENT RE-SHUFFLE AT BWIN.PARTY
 
Three senior and former Party Poker execs to depart
 
Cost-cutting measures at online gambling group Bwin.Party Digital Entertainment have claimed the jobs of three senior execs, all formerly Party Poker managers prior to the merger of Party Gaming and Bwin.
 
The three departing executives all have associations with the evolving US market and include business development chief Alen Lang, technology director Tod Martin and Steve Heller, the chied executive of the World Poker Tour subsidiary.
 
Lang's US connection flows from his work in setting  up the Bwin.Party partnership with US land giants MGM Resorts International and Boyd Gaming, along with other deals that involved tribal interests and the battling US social gaming group Zynga. In addition to his eight years of service with Party Poker, Lang has built up an impressive empirical knowledge of the industry and it is unlikely that he will remain on the management market for long in an environment where his regulatory and commercial talents have such potential.
 
Heller also has an impressive track record since joining the Party Gaming group in 2005, and has been mainly involved in the top-management of its Asian activities, working from a US base. Early reports suggest that he will be replaced as CEO at World Poker Tour by the company's president, Adam Pliska.
 
Martin, an experienced Party Gaming manager and chief technical officer of the group since 2008, was replaced post-merger by a Bwin executive earlier this year, switching his talents and respected capabilities to the development of US-relevant technology for the Bwin.Party group.
 
Earlier this year Jim Ryan, head of Party Gaming when the merger with Bwin took place, resigned as co-CEO of the merged group, leaving Norbert Teufelberger in sole command.
 
The company's current performance has been lacklustre following a series of strategic decisions designed to better position it to operate in legal regulated markets and a "value vs. volume" approach to player acquisition.
 
Despite this, or perhaps as a result of it, Teufelberger is committed to cost-savings of Euro 70 million a year, and Bwin.Party will be watched with interest as it develops its ideas and business plans.



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Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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