Updated January 2011

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Gaming Restructuring

Gaming VC, the organization responsible for online slots gambling in the international forum has just announced another round of changes to the infrastructure of the corporation. This comes as a huge surprise for the company as well as well versed industry observers, who had previously thought that all changes had finally come to a halt, especially for the holiday season.

The new list of changes is effective immediately, and has sent shockwaves across the company, as is common when there are such drastic measures taken within a short period of time. Furthermore, the changes come at an uncertain time when land and online slots casinos are feeling the financial crunch, and are in dire need of clear and steadfast guidance to weather the storm.

Either way, there is hope for the company, especially for those who think that they have made too little changes, all too late. The new finance director position and another new non-exec director promise to be a strong choice, since both candidates have an extensive history in several business across several industries, including long runs in both online and land casinos and slots. Because the changes are effective immediately, both Gerard Cassels and Adrian Smith have been fired and replaced in real time, and Richard Cooper and Karl Diacono are coming in on their coattails. What is perhaps the most interesting thing about this whole situation is that there have been no reasons given at all for all of these changes, in addition to the odd timing of the whole thing as well.

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