Gaming Realms CEO Patrick Southon steps down
Gaming Realms forecast revenue ‘modestly ahead’ of expectations, citing strength at its content licensing business, though it still foreshadowed an operating loss.
The company said Chief Executive Patrick Southon will step down with immediate effect, with Non-Executive Chair Michael Buckley becoming the executive chair until a replacement is found.
“During my six years as CEO, the main focus of the company was on B2C real-money gaming. However, with the last of those assets disposed of in July 2019, and the company now stable and successfully implementing its new B2B focused game development and licensing strategy, I feel now is the right time for me to pursue a new challenge,” explained Southon.