CEO of Bodog Poker Replaced, Company is Sold

06/19/2012
By Pamela PattersonGoogle

Three months after Calvin Ayre, the founder of Bodog.com, was indicted for operating an illegal gambling business and conspiring to commit money laundering, the company’s Poker Network has been sold to Bodog88. The change of ownership also brought the resignation of Bodog Poker Network CEO, Patrik Selin.

 

The top online casino brand, Bodog88, was launched in March with a concentration on the Asian market. Bodog88’s Managing Director Robert Gustafsson will take over Selin’s position.

 

Selin commented, “It is obvious that the best fit for the Network is a company that understands the power of the brand – especially in a growth area such as Asia. I also know Bodog88’s Managing Director Robert Gustafsson well and he understands the importance of the recreational poker model, which, again, is particularly strong for Asia, where trust is a much more important factor than concepts like rakeback that hold no meaning in the region.”

 

Selin launched Bodog’s Recreational Poker Model successfully last year and heralded in changes to anonymous tables. The changes were made in an effort to eliminate any advantage players had from using data-mining software to track their opponents.

 

Selin played a major role the casino games online industry’s move to recreational poker models. Microgaming followed Bodog’s lead by releasing anonymous tables as well.

 

The new Bodog Poker Network CEO, Robert Gustafsson, commented on Selin’s leave, “What Patrik has done for the Bodog brand, and I would argue poker as a whole, since he started the Bodog Poker Network has been phenomenal. His pedigree in the industry has grown further since he unveiled the recreational poker model and the fact that many companies have now adopted a similar focus highlights its success. We wish him well for the future in the knowledge that wherever and whatever he puts his mind to will be a huge success.”

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