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Online gambling e-cash processor Neovia plc (Neteller) has confirmed the departure date for CEO Ron Martin as May 31st 2009. On that date Martin will step down from his position on the board of directors, with executive chairman Dale Johnson assuming responsibility for the CEO portfolio until a replacement is found.
Johnson will be assisted by Dan Starr, Executive Vice President, and Doug Terry, Chief Financial Officer, in the day-to-day executive management of the group’s business. These responsibilities are in addition to their existing roles.
Johnson commented “On behalf of the Board and management team, I would like to thank Ron for his significant contribution to the Group over four challenging years. In the current challenging market conditions, the Board and management team are focused on maximising revenues in the short term, maintaining control over costs and preserving cash to deliver value for all shareholders.”
Cryptologic 14 top games to be provided to Loto-Quebec -
02/08/2012 : The companies have signed a multi-year agreement that will see Cryptologic providing a portfolio of quality games to the Societe du jeu virtuel du Quebec, the online gaming division of the provincial state lottery corporation Loto-Quebec, known as Espacejeux.
Utah : Online Gambling : HB108 -
02/08/2012 : An intrastate attempt by Utah politician Stephen Sandstrom to introduce state legislation banning any legalisation of internet gambling has failed at the start gate.
MORE U.S. DISCUSSION ON INTERNET GAMBLING DUE THIS WEEK -
02/08/2012 : Interest in online gambling in the United States is set to continue on Thursday this week when the US Senate Committee on Indian Affairs meets to hear the views of a wide cross section of interested parties on the possible impact of legalised internet gambling on tribal gaming.
Judge wont dismiss DoJ Black Friday charges -
02/08/2012 : Former Utah banker John Campos and e-processor Chad Elie, who face charges relating to the payment processing of online poker transactions, suffered a setback Tuesday when a Manhattan judge refused to allow their motion for dismissal of Black Friday indictments against them.
ANOTHER MAJOR INTERNET GAMBLING BUST IN MALAYSIA -
02/08/2012 : Police units in Malaysia raided a series of premises in a week long anti-online gambling operation, seizing 225 computers and detaining 47 men, according to reports from the Bernama news agency. All of the detained men were later released on bail.
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