The changes just keep coming at the PartyGaming offices as news broke recently that a member of their Board of Directors, Emilio Gomez, is stepping down from his post as one of the company’s Non-Executive Directors. According to the press release from PartyGaming, Gomez’s departure puts a balance between executive and non-executive directors on the board. The members who remain on the Board include Non-Executive Chairman Rod Perry, Chief Executive Officer Jim Ryan, Group Finance Director Martin Weigold, Independent Non-Executive Directors Tim Bristow, Lord Moonie and Stephen Box and Non-Executive Director Rami Lerner.
Gomez first joined the board in late 2007 and served as the representative for PartyGaming co-founder Anurag Dikshit. Dikshit used to be a member of the Board of Director’s himself, but stepped down in 2006 to take on a new role as Head of Research and Special Projects for the company. Though he may have stepped down from the board, Dikshit still retains a substantial stake in the company.
Dikshit made news as the first online gambling moguls to face a judge in a US court room to answer for their business transactions. In December of 2008 Dikshit agreed to a cash settlement as compensation for his supposed violations of the US Wire Act in relation to his business dealings with PartyGaming. In exchange for $300 million Dikshit avoided jail time and was able to return to his home in Gibraltar, which is also where the PartyGaming home offices are located.
The only reason offered for Gomez’s recent departure was “personal reasons.” There has been no announcement so far on whether or not a new representative from Dikshit will be appointed. Judging from the press release, the company seems content with the current composition of the board and a new appointment in the near future seems unlikely.
Gomez’s departure is just the latest change for PartyGaming. In July the company brought on Jack Welch to take over Jon Salmon’s former post as Chief Marketing Officer. Shortly after that they hired former 888 Holdings executive Matt Robinson to work with their marketing department as well. In addition to the personnel changes, the company also is making big moves in their business to business dealings, acquiring bingo company Cashcade, forming a partnership with Intralot to launch an Italian online poker site and, most notably, putting in a second bid to purchase World Poker Tour Enterprises for $12.3 million.
PartyGaming is a publically traded company listed on the London Stock Exchange. At the close of trading on September 29th, shares were trading at $266.60.

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