William Hill Online COO Marcus going in business shake up
William Hill Online chief operating officer Peter Marcus has been made redundant as part of a restructure of the British boomaker's egaming division.
WILLIAM HILL Online (WHO) chief operating officer Peter Marcus has been made redundant.
Marcus will leave “shortly, probably weeks rather than months,” he told EGRmagazine.com this afternoon.
Marcus said: “The reason for leaving is that we have just had a big restructure of the business and a number of the functions I manage have moved to Tel Aviv, and it was mutually agreed that I wasn’t interested in carrying on with fewer functions.”
WHO chief executive Henry Birch said: “This is purely about how we structure the business and how we can operate most efficiently.”
Marcus joined WHO’s purchased assets team in June last year, and was part of the negotiation and integration group following William Hill’s five-year deal with Playtech in January. The deal saw Playtech agree to supply the UK bookmaker with online casino and poker, and included the acquisition of affiliate and marketing companies Uniplay International and Six Digits Trading for £144.5m (US$250m).
Before joining William Hill, Marcus spent four and half years at Intercasino, where he was vice president of marketing for Ads.com, which provided advertisements for Intercasino.
As reported on EGRmagazine.com, last month Marcus sparked a widescale industry debate on the controversial rakeback rewards model, telling them to “get together and be strict” on preventing affiliates and poker skins offering it.
The comments led to responses from figures including PKR chief executive Malcolm Graham, from RaketheRake head Karim Wilkins and Playtech head of poker Danny Frishman, and was the subject of eGaming Review’s August cover feature on rakeback