Payday For Party Gaming's Mitch
Published: Thursday, June 21, 2007 Online-Casinos.com
PAYDAY FOR MITCH
Party Gaming CEO cashes in some shares and gifts others to staff
Even at the present price of 40p per Party Gaming share, CEO Mitch Garber made a cool GBP 1.7 million this week by selling 4.3 million shares as part of his executive remuneration package, which permits him to cash in his share options at the end of each quarter.
But the gambling group executive spread some of the joy around, too by gifting 300 000 of his options to the company employee benefit trust with the suggestion that outstanding effort by employees should be the criteria for reward.
Garber's holding in Party following the big cash-in is now 4.5 million shares. Earlier this year he sold off 3.3 million shares for around GBP 1.1 million, according to UK business press articles.
An old favorite brought back under a new software brand, U.S. friendly.
Use just one account to access poker, sports book and casino gaming.
Excellent number of high-quality games and great support.
Nice sign-up and on-going bonuses with fast cash withdrawal processing.
Good selection of fun games including some new, innovative games on offer.
Huge sign-up bonus with reasonable wagering requirements and an excellent look and feel.
New players receive an insane 200% bonus up to $1000 free on both their first and second deposit.
New players offered up to $888 free in sign up bonuses, a special bonus available for blackjack players as well.
