Casinos Austria bids buh-bye to embattled leader Alex Labak

Casinos Austria is shaking up its senior management ranks as director-general Alexander Labak heads for the exits.

On Tuesday, Casinos Austria announced that Labak would be leaving the company when his current contract expires at the end of 2019. Labak will “continue to work actively” to ensure Casinos Austria goes on making scads of money but the company will “immediately” commence the hunt for his replacement.

Labak was only appointed to his current position a little over a year ago, but he never seems to have fit in. News of his exit comes just a couple weeks after he sent a letter to the board of directors suggesting there were “indications of maladministration” within the company that “raise the fear that the well-being of the enterprise is massively endangered.”

Labak’s letter also mentioned his “suspicion of breach of confidentiality obligations” by two members of the board who he believed were creating “power structures” within the company in order to engineer his ouster. (If nothing else, Labak can’t say he didn’t see it coming.)