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Playtech CFO steps down after successful gamble on non-US business

Posted by AccountingWEB in In business on Wed, 12/09/2007 - 09:52

Shuki Barak hands in his chips after steering the AIM-listed online gambling and software provider through the carnage that followed last year’s US ban on online gaming.

The door hasn’t revolved quite as fast as one of his company’s online roulette wheels, but Shuki (Moshe) Barak is stepping down as CFO of gaming company Playtech after only 18 months in the post. He leaves, however, having steered the company away from the reversal of fortunes that might have been expected when the world’s biggest market, the USA, banned online gambling in October 2006.

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