BUSINESS

Greece told to get a move on; Probability lose a valuable member of the team

TAGs: EU, greece, OPAP, probability

Greek flagGreece is being told to get a wriggle on by the EU after it has dragged its heels on the sale of its stake in OPAP. The Greeks must have been too busy thinking up new ways to hide and escape after they realized that a Trojan Horse can be detected by contemporary society.

The EU caught George Papaconstantinou whilst he was trying to construct a beanstalk into the sky. According to eGaming Review, Bloomberg reported that asset sales must be sped up in order to raise money to pay off mounting debts. The asset sale includes a stake in Europe’s largest listed gaming company and it comes after they hired a number of banks to advise on plans to raise €50bn to reduce their debt.

It hasn’t been a good month or so for Greece. The European Commission again rejected their proposals for gaming regulations that were supposed to plug €700m of that financial hole mentioned earlier.

Meanwhile mobile gaming specialists Probability have announced that a member of the company’s board has stepped down with immediate effect. Adam Neilson was Chief Technology Officer at the firm and has left to pursue other opportunities.

Upon his departure, CEO Charles Cohen, commented, “Adam has left the company after five turbo charged years as CTO, and we are all sorry to see him go.It was Adam’s tenacity and creativity which helped us create our first truly successful product, a real money slot game for mobile phones in 2005. Later, as Chief Technology Officer he oversaw every aspect of the revolutionary mobile gaming system which powers our business.”

Sounds like there wasn’t a dry eye in the house!

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com