HAS AYRE REALLY LEFT BODOG?
25 April 2008
Scepticism and surprise that online gambling's
playboy is walking away
Several online gambling industry observers expressed
both surprise and scepticism over the weekend, when a
press release from Bodog was distributed advising that
founder and CEO Calvin Ayre (47) was departing the Bodog
operational online gambling scene to focus on charitable
work through the Calvin Ayre Foundation.
One of the most high profile executives in the industry,
Ayre was probably equally high on the US Department of
Justice list of industry personalities worth "talking
to" in pursuit of its anti-online gambling objectives.
Referring to what it described as his "largely
ceremonial role" in the online gambling and media
entertainment group, the release claimed that
billionaire Ayre will no longer be involved
operationally after transferring ownership of the Bodog
brand to the Morris Mohawk Gaming Group in the Canadian
Mohawk sovereign territory of Kahnawake.
The transfer of brand ownership to former Olympic
sportsman Alwyn Morris operating from the enclave caused
considerable comment last year, when Bodog became
embroiled in a patent dispute with 1st Technologies
which saw its domains confiscated and the imposition of
a multi-million dollar default judgement.
The statement added that internationally Bodog has put
in place a very competent and significantly European
executive team that is already managing Bodog Europe and
Africa and plans to further expand to Latin America.
"Ayre will be taking some time to himself in his home in
Antigua and will continue to support charitable
opportunities through the Calvin Ayre Foundation, the
statement continued, quoting Ayre as saying: "While it
has been great fun to live my life in front of the
world's cameras and online though my blog, I am looking
forward to a more private and meaningful period of
giving back and working to support the Calvin Ayre
Foundation."
Bodog has its head office, and is licensed in, the
Caribbean nation of Antigua. Bodog Life.com offers
online gaming, which includes Poker, Casino and a host
of other gaming products.
Ayre reaffirmed his decision on his personal blog,
writing: "You’ve likely heard the rumblings and
rumors….and for once…..it’s true…I’m packing it in! Well
who am I kidding, if you’re reading this now you know
that for the past few years I’ve been pretty focused on
jetting around the world to exotic places and filming
crazy sh** for this blog. I was really more of a brand
ambassador for Bodog the past while anyway – but it was
fun while it lasted."
Industry observers drew attention to a previous Ayre
subterfuge when Bodog was first building its brand back
in the year 2000, and its founder took on the false
identity of a world travelling adventurer whose
tongue-in-cheek escapades were extravagantly publicised
by an online gambling information portal for some months
before he revealed his more believable executive
persona.
Ayre has remained a controversial figure throughout his
business career, the Vancouver Sun pointed out in an
article on his departure. Reporters revealed he had been
implicated in a marijuana-trafficking ring in 1987. He
was not charged, but his father and brother in law
received lengthy jail terms. He was also allegedly
involved in a shady Vancouver company called Bicer
Medical Systems, and in 1996, he admitted to serious
stock offences and agreed to a 20-year suspension from
the British Columbia securities market.
Meanwhile, U.S. Department of Justice officials stepped
up their war on online gambling and made it clear they
had Ayre in their crosshairs. Fearing arrest, he steered
clear of U.S. soil, and it is possible that he has tired
of the cat-and-mouse game with U.S. authorities. Or, as
the Vancouver Sun enigmatically opines, on the other
hand it may signal a renewal of that same game.
Ayre promoted Bodog as a lifestyle, bringing to it an
amalgam of Richard Branson's Virgin and Hugh Hefner's
pin-up girl Playboy image. He also diversified into
music, mixed martial arts and film, which attracted more
attention to the website.
By 2006, the company was generating more than US$7
billion US in turnover, making it the seventh-largest
online gambling company in the world. That same year,
Forbes magazine featured Ayre on the cover of its March
issue as one of the world's 794 billionaires. People
magazine named him one of its 40 hottest bachelors.
Ayre is reputed to live on the Caribbean island of
Antigua, although he has apparently retained close
property and business links with Vancouver.
Observers have also commented on the Bodog statement's
reference to a change of Bodog ownership to Morris
Mohawk Gaming Group, pointing out that all that was
announced last September was that Ayre had "licensed"
Bodog's "North American" operations to the Morris group,
without any indication that a change of ownership of the
company itself had been a part of the deal.
Such a change would probably help insulate the online
gambling group from legal activity, given the First
Nation sovereignty of the Morris group's domicile in
Kahnawake.
Uncharacteristically, Ayre has apparently declined to
comment further on his situation - but it is unlikely
that this is the last the industry has heard of the man.
Online Casino News courtesy of
InfoPowa
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