Ader Reacts To Bwin Board Changes (update)

By Casinomeister, Last updated May 23, 2014

Congratulates Bwin Chairman on steps taken towards reconstituting Board

Jason Ader of SpringOwl Asset Management responded to the announced changes in the Bwin Board (see previous InfoPowa report) by congratulating Chairman Philip Yea on the initial steps taken in reconstituting the Bwin Board but said he finds "the timing of the announcement curious with the AGM just a few days away."

Ader continues to push for the addition of Michael Fertik and Kal Patel to the Board while taking credit for the Board's decision by saying: "We believe that this announcement is the direct consequence of the overwhelming support we have received from our fellow BWIN shareholders for the call for board change that we have made".

"We look forward to engaging in more constructive dialogue with Mr. Yea and helping to build a better BWIN for the benefit of all shareholders," Ader concluded.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
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