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Welcoming a New Head

The online casino gambling industry has watched CryptoLogic closely over the past several months because of all of the changes that are afoot. Basically, CryptoLogic is a top tier internet gambling software development company that was hit hard by the US’s decision to enact the UIGEA and block offshore online casino from the US market. With the end of the US internet gambling industry, CryptoLogic moved its headquarters out of North America and restructured the company to have a stronger focus on the European internet gambling industry. As the recession has hit though it has significantly retarded CryptoLogic’s efforts to recover its position as a major force in the online gambling industry.

As a way to pump some lifeblood back into the online casino software development company, CryptoLogic has announced a series of changes in upper level management. The latest announcement notes that the position of Chairman of the Board will change at the next shareholders meeting as long as the shareholders have no objection to the chosen replacement. David Gavagan is lined up to replace Robert Strikeman in his position on the board and many analysts from the online casino gambling industry anticipate that Gavagan has the skill base and an acute understanding of the company that will bring CryptoLogic back onto the scene.

There are several other key changes at the online casino gambling group in top management and once these individuals settle into their new positions there is an air of expectancy that they will have the skills and knowledge to recover some of the luster that CryptoLogic has lost over the past two and a half years.