home casinos play poker play bingo play instant win games gambling news archive forums
- -
Bookmark current page
→ casino
→ online casino
→ online poker
→ poker
  Recommended Sites
  Featured Partner
Gambling Articles
Gambling Experts
News Archive
Contact Us
Bingo Aff Program Gambling News Archive

CryptoLogic Continues Reorganisation

In an effort to return to profitability, leading online gaming software supplier says goodbye to Michael Starzynski.

Thursday 26th February 2009

Leading online gaming software supplier CryptoLogic Limited announced last week the departure of its Chief Technology Officer, Michael Starzynski, as it continues a reorganisation of its business in order to return to profitability. CryptoLogic stated that it is focusing on earning revenues from its Internet casino and branded gaming businesses while also reducing annual operating costs by $13 million. As part of its plan, the Dublin-based firm is eliminating costs associated with operating a stand-alone poker network in addition to reducing its servers by 75 percent. As a result, the role filled by Starzynski will not be replaced directly and CryptoLogic stated that it would divide operations and development functions between other managers. 'All members of the CryptoLogic team join me in thanking Mike for his service over the last five years and wishing him well as he embarks on new challenges,' said Brian Hadfield, President and Chief Executive Officer for CryptoLogic.


Source: OnlineCasinoNews

  • Back to archive index
  • Submit a press release

    Discuss this story in the Gambling Forum. Last 5 Posts:
    Sunday 26th February, 2017:   Horse Race betting
    Friday 24th February, 2017:   Poker Websites
    Thursday 23rd February, 2017:   UEFA Europa League
    Wednesday 22nd February, 2017:   UEFA Champione Leugue
    Wednesday 22nd February, 2017:   Hi - How to make good money online!