Simon Collins resigned from his position as a non-executive director on the mobile games developer’s board. Although he is the co-founder of Gaming Realms, it seems that his exit was done in haste. He was instrumental in Gaming Realms development and he also helped the creation of Bear Group B2C real-money gaming business. Later, Bear Group was sold to River iGaming.
At the moment of his departure, Collins held 10,806,742 shares which are about a 3.80% stake in the company.
Collins founded a bingo operator Cashcade and that operator was bought by PartyGaming sometime later for £95.9m.
“I would like to recognize Simon’s significant contributions to Gaming Realms and thank him for his commitment to the group,” Gaming Realms’ non-executive chairman Michael Buckley said of Collins’ departure.
“He has provided valuable insight and expertise in his roles as both an executive and non-executive director. We all wish him every success for the future.”