Casino Software Companies Personnel ChangesPublished March 3, 2008 by OCR Editor
Personnel changes at leading casino software providers and other industry news.
The leading online casino software provider Cryptologic has announced a new appointment within the company top. Brian Hadfield will be joining as the new President and CEO and he will take over from Javaid Aziz who is retiring.
Previously, Hadfield has managed Unisys Ltd. Interests in the UK, Middle East, Africa and India. He has joined Cryptologic a year ago as a Director.
Cryptologic's Chairman, Bob Stikeman, said, "Brian knows Cryptologic, he knows how to grow a global business, and he knows how to motivate and lead a team. His experience will ensure we continue to develop innovative new software, and innovative new commercial alliances around the world."
Emphasizing the smooth transition that the change of personnel is supposed to ensure, he added that "Brian Hadfield brings Cryptologic important skills at an exciting time in our growth, and he is perfectly suited to build on the strategy set by Javaid Aziz."
In the last quarter of 2007, Cryptologic said it expects the fourth-quarter net earnings to be somewhere between $2 million and $3 million, and sales between $17.5 million and $18.5 million.
Hadfield is expected to build on these positive numbers, achieve similar feats and exceed them.
The reason they have chosen this unusual path is undisclosed but a spokesperson from King Solomons Group said: "With regard to not communicating this to players - we tread a fine line when doing things of this nature. If we don't email our players we get asked why we didn't email them and if we do we could be accused of trying to switch our players to a new software and thus decimate the earnings of our marketing partners- so it’s a no win situation that we find ourselves in."