CryptoLogic is focusing on earning revenue from its Internet casino and branded gaming businesses, and reducing annual operating costs by us$ 13 million. As part of CryptoLogic’s plan, the company is eliminating the costs of operating a standalone poker network and also reducing its servers by 75%. As a result the chief technology officer’s role will not be replaced directly, and CryptoLogic will divide operations and development functions between other managers.
"All members of the CryptoLogic team join me in thanking Mike for his service over the last five years and wishing him well as he embarks on new challenges," said Brian Hadfield, CryptoLogic’s President and CEO.