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CEO of Online Poker Operator Svenska Spel Resigns in ProtestMon, Apr 21st, 2008 @ 12:00am Jesper Karrbrink, Chief Executive Officer of Sweden's state-owned online poker and gambling operator Svenska Spel, announced his resignation this morning, citing differences in opinion on how it should the firm should be run, according to reports in Swedish news site TheLocal.se. "It has become clear lately that my ideas about how Svenska Spel should be run don't agree with the image held by the owners," Karrbrink said in a statement. "Therefore I have, in consultation with the board, come to an agreement that the best course of action in this situation is for the board to find a replacement for me." Newly chosen Svenska Spel board chair Margareta Winberg issued a statement expressing her regrets over Karrbrink's decision to step down as head of Sweden's state gaming monopoly. Discussions about Karrbrink's future began shortly after Winberg took over as board chair on Wednesday of last week. "It was in relation to the change in the board chair. It became very clear, from the side of the owners, that they wanted a different direction. And that was also a reason for the change in chairperson," Winberg said to the TT news agency. As a severance package, Karrbrink will receive 2.88 million kroner ($487,000), roughly one year's salary. He has also signed an agreement not to work for a competing company for one year, reported Winberg. Karrbrink will temporarily be replaced by treasurer Anders Hagg while the search for a new CEO continues. Read Related Articles:
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Do Online Poker Players Want Obama, Not McCain? With the presidential election right around the corner, the online poker world finds itself entrenched in legal battles. Who will we turn to in order to obtain our poker freedom? According to research conducted by Duplicate Poker, online players seem to prefer Barack Obama over John McCain at nearly a 2-1 clip.
Sweden Undecided Whether Online Poker to Remain Gov't Monopoly Sweden has repeatedly been under fire from the European Commission to comply with EU laws that give EU-based operators free movement of goods and services between EU member countries. Today, Gambling Intelligence Group relayed that Jan Nyren, who is conducting Sweden's gambling investigation, will propose in his final report due in December that Sweden introduce a licensing system for online sports betting providers. But he says he has yet to decide whether to recommend online poker be opened to competition or remain the government monopoly of Svenska Spel.
World Series Of Poker Academy Debuts in LA Sept. 6-7 at The Bicycle Casino The World Series of Poker Academy, poker's premier series of instructional schools where participants learn first-hand from the world's greatest poker players, just announced details for its first-ever event in Los Angeles, California USA.
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Team PokerStars Nets Hockey Great Mats Sundin While the hockey world may have to keep waiting for Mats Sundin to decide his NHL future, fans of the felt will be seeing a lot of the fomer Toronto Maple Leafs captain. It has been announced that PokerStars has signed the hockey legend to an endorsement deal, making Sundin the newest PokerStars embassador.
Poker Pro Europe Magazine Expands Distribution into South Africa Poker Pro Europe magazine, as part of its global expansion, can now be found in casinos in South Africa and Swaziland. The distribution pushes the publication's total circulation over 55,000, making it one of the largest poker-related magazines outside the USA.
Amsair is Official Airline of World Series of Poker Europe Amsair was just announced as the latest top line sponsor for the forthcoming World Series of Poker Europe to be held next month in London, UK. The deal will make Amsair Executive Aviation the official airline of the tour and will allow Betfair Poker customers exclusive and discounted rates on any of the private jets in the extensive Amsair charter fleet.
No Withholding Taxes on Poker Tourneys The IRS has decided that every poker operator in the United States will have to report anyone who wins more than $5,000 in a poker tournament.
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WSOP November Niner Dennis Phillips Signs Up for Oracle Poker Consulting With 2008 World Series of Poker final table participants receiving the luxury of a 117 day break before the biggest day of their poker careers, it was believed that the final nine would take a large portion of the hiatus to fix any leaks in their poker game. "November Nine" chip leader Dennis Phillips was the first final tabler to make his coaching arrangements public, as his hiring of Oracle Poker Consulting was announced Wednesday in a press release. |
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