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New Leadership Under Way

The CryptoLogic online casino software development company announced a bit of change in upper management – a fact that is really probably quite welcomed by the board and members of the company. CryptoLogic has made headlines over the past several months because the company is slowly losing prestige and even had a bit of a scandal with the former CEO, Javaid Aziz. Now that the Aziz situation is coming to a close the internet gambling company announced that David Gavagan is taking over the position as Chairman of the Board since Robert Stikeman has stepped down. CyrptoLogic is in a peculiar position really, the company is still a top games and platform provider, but with a bit of unclear management and development strategy over the past several months, the company has actually lost some key business opportunities.

The newly announced change in the CryptoLogic board will take place at the beginning of next month, on June 3rd. The online casino gambling industry is highly competitive right now and even moment and every quarter can make a huge difference on whether or not CryptoLogic is able to hold on to exclusive and lucrative licensing deals. Stikeman has worked with CryptoLogic for years now and has seen the company triumph over other online casinos and also fall for a period of time during the transition of the headquarters from Canada to Ireland.

The company though feels like there is a need for some fresh blood to take over control and propel CryptoLogic into the booming online casino gambling industry that is rapidly emerging all over the world.