Online gambling operator Amaya Gaming is trimming its payroll in a bid to improve its organizational structure and its bottom line.
On Friday, sources told eGaming Review that Amaya was eliminating “dozens” of jobs at its London office while shifting some of these jobs to more cost-effective locales such as the Isle of Man. The cuts are a continuation of an attrition process that gathered speed following the closure in May of Amaya’s ‘B’ poker brand Full Tilt.
Amaya’s corporate spokesman Eric Hollreiser confirmed the cuts, saying the company was eliminating “a few dozen existing roles in several offices, while simultaneously creating a few dozen new roles in several offices.” Hollreiser said all efforts were being made to place the affected Amaya staffers in new roles based on their qualifications.
Perhaps the highest profile redundancy is Heath Cram, director of sports biz-dev and operations for Amaya’s BetStars sportsbook. Cram, a 10-year veteran of the Rational Group – the parent company of PokerStars that Amaya acquired in 2014 – announced via his LinkedIn page that he’d be stepping down in August to work for a B2B firm that doesn’t directly compete with PokerStars.