Circulating rumors amongst industry insiders have been confirmed. Royal Sports managing director Kevin King amicably parted from its company earlier this week. King was appointed managing director of Royal Sports on December 8th 2003, few months after the book had been purchased by a Costa Rica based gaming group owned by controversial Tej Kholi.
Rumors of King's possible departure began circulating when the possible merger between Royal Sports and BetCascade fell apart few hours before its completion.
Both Royal Sports ownership and departing Kevin King confirm that King will remain involved with the company, likely as a board member of the group's holding company.
"The growth and success of Royal Sports has been a very positive personal and career experience and I retain close ties with management" tells Kevin King anticipating an exclusive interview with TheOnlineWire.
Royal Sports ownership tells TheOnlineWire that the name of King's successor will be disclosed within the next 48 hours. TOW sources within the company confirmed that King's successor is a likeable and well known bookmaker.
Based on privileged information gathered so far TheOnlineWire believes that King's departure will have no impact on Royal's course of business.
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Rumors of King's possible departure began circulating when the possible merger between Royal Sports and BetCascade fell apart few hours before its completion.
Both Royal Sports ownership and departing Kevin King confirm that King will remain involved with the company, likely as a board member of the group's holding company.
"The growth and success of Royal Sports has been a very positive personal and career experience and I retain close ties with management" tells Kevin King anticipating an exclusive interview with TheOnlineWire.
Royal Sports ownership tells TheOnlineWire that the name of King's successor will be disclosed within the next 48 hours. TOW sources within the company confirmed that King's successor is a likeable and well known bookmaker.
Based on privileged information gathered so far TheOnlineWire believes that King's departure will have no impact on Royal's course of business.
ope:
