Personnel Changes Change Anything?
The chairman and CEO of CYOP, Mitch White, left his position at the company without explanations, and Smyth, who is already tied with a subsidiary of CYOP will fill in for him. The personnel change may turn out significant. The companies involved have traditionally had a major impact on the industry. Software developments by the companies have made online poker available and popular on a large scale. Popular poker versions such as Texas Hold'em, Omaha, Omaha Hi and 7 Card Stud were developed by them and affected the entire industry.
Because of the way the industry is changing after the recent passing of the Unlawful Internet Gambling Enforcement Act (UIGEA) in the United States, changes within companies are also taking place. Mergers and buy-outs, acquisitions and sales are all a part of the online gambling industry, and, in todays market, they are even more a part of the daily life of an executive. The companies are preparing for a somewhat new age in the industry, and at times personnel changes are called for. New CYOP Systems chairman Smyth has had a varied career around the business. He is the founder and editor of an online website that provides analysis on gambling products including games and software. He is an experienced and well known marketing specialist who has worked and promoted businesses for many years now. His software involvement includes membership of the International Gaming Developers Association (IGDA). |
A personnel move among software providers has made some waves in the business this week. Gaming Transactions Inc. Chairman of the Board and CEO, Mr. Patrick Smyth, resigned this week from his position at the software company and will take over the top position at another software supplier, CYOP Systems. 








