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World Gaming Makes Board Changes27 June 2003LONDON – (Press Release) -- World Gaming PLC (OTC BB: WGMGY), a U.K. based I-gaming software and e-business services company is pleased to announce the following changes to its board: - David Naismith will join the group as Chief Financial Officer and member of the board with effect from 1 August 2003. - Victor Collins will resign from the board as a non-executive director with effect from 27 June 2003. David Naismith is a qualified chartered accountant with several years experience in Internet gaming, most recently holding a senior finance role with Sportingbet PLC having progressed from subsidiary finance directorships. Having qualified as a chartered accountant in audit with BDO, David progressed to transaction support predominately for international media groups working in both Australia and London/Europe including many US based businesses. Together with a strong financial control and reporting background, David's experience within the online gaming industry includes capital raising, acquisitions and global merchant processing in several locations including Costa Rica. We thank Victor for the input he has had over the past few months of significant change. Victor's input has been instrumental in securing new investment into the group. Commenting on the changes, CEO Daniel Moran said: "We are delighted to welcome David to the board and have no doubt that his appointment will play a fundamental role in stabilizing the group's future. Strengthening the board will place the business in an optimal position to exploit opportunities as they arise. Enforcing financial accountability within the group while meeting strategic goals are fundamentals that the board is adopting to return shareholder value." World Gaming PLC is a UK-based I-gaming software and e-business services company. The Company is an international developer, licensor, and provider of online gaming products, including casino, sportsbook, and pari-mutuel betting. For more information about World Gaming PLC, visit the company's Web site at www.worldgamingplc.co.uk. Starnet Systems International Inc., a subsidiary of the Company incorporated and operating out of Antigua, licenses its gaming software to third parties for an initial licensing fee and monthly royalties. Inphinity Interactive Inc., a wholly owned subsidiary of the Company develops gaming software and web pages.
World Gaming Makes Board Changes
is republished from Online.CasinoCity.com.
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