December 14, 2007

Laughs at Party

There have been few laughs at PartyGaming since it retrenched last year after US hostility against online gambling, but John Davy's appointment to the board raises a smile. He is the founder of Jongleurs comedy clubs and the nominated representative of Ruth Parasol and Russell DeLeon , the PartyGaming founders and 28.4 per cent shareholders. Anurag Dikshit - the tech brains of the outfit and a 27 per cent shareholder - has nominated Emilio Gomez , a former senior partner of Baker Tilly in Gibraltar, where Party is licensed. Also joining the board are Lord Moonie , former junior defence minister, and Stephen Box , former finance director of National Grid and independent director at Michael Page.