Mobile Moolah, CEO Shakeups and a Lifeline for Full Tilt?

Mobile Moolah, CEO Shakeups and a Lifeline for Full Tilt?

Posted on 28/06/11 - by Theodor Mavrodis News

In this edition of Check Change we'll look at some of the top recent stories from the world of online gambling, including new mobile slots games for smartphones and CEO shakeups at some companies.

Mega Moolah Availabe for Android

Mega Moolah is one of the most popular online slots games around (available at All Slots Casino) as it gives players a chance to become an instant millionaire if they hit the big progressive jackpot.

Now slots fans can take the game with them anywhere they go if they have an Android smartphone or tablet, as mobile gaming software provider Spin3 has released a mobile version of the slots game available to Android owners in the UK.

CEO Carousel Spins Around

Today saw plenty of news as far as CEOs announcing their departures from leading gambling firms, some of which have substantial online casino operations.

Betfair CEO David Yu announced he was stepping down when his contract expires in 2012. Betfair's share price has struggled of late as the company has failed to achieve any momentum with its online poker and casino operations.

UK casino and bingo operator Rank Group's CEO and CFO also both resigned today in a surprising move, displeased with the how the attempted takeover of the company by Guoco Group is unfolding.

Jack Binion to Be Full Tilt's Savior?

Online poker operator Full Tilt has been desperately seeing an investment to enable it to repay the estimated $100-$150 million the company owes US players, and long-time casino exec Jack Binion is reportedly in talks with the company to become a major stakeholder.

Jack Binion created the World Series of Poker and has worked most recently as the chairman of US casino giant Wynn International, helping to spearhead the company's expansion efforts in Macau.