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PokerStars Sees CEO Gabi Campos Resign

PokerStars CEO Gabi Campos resigns after a tough year.

PokerStars CEO Gabi Campos resigns after a tough year.

PokerStars, which along with Absolute Poker and Full Tilt Poker was targeted by the U.S. Department of Justice (DoJ) during the April 15, 2011 raids that became known as Black Friday, has proven to be a survivor. Of the three, PokerStars under the management of CEO Gabi Campos was the only company that remained healthy after being forced to withdraw from the U.S. market.

It’s been announced that Campos, who came on-board at PokerStars in July 2010 after increasing profits at 888.com’s B2B segement Dragonfish, has decided to leave PokerStars. It’s said that he will pursue other ventures. His resignation is effective February 1, 2012. PokerStars is presently searching for his replacement.

 

Various Departures Recently at PokerStars

With Campos resignation, PokerStars has seen three top officials leave within the year. In May 2011, Thomas Kremser announced that he was stepping down. He had served as the company’s tournament director for the European Poker Tour. Then earlier this January, John Duthie called it quits as a PokerStars pro and as the EPT’s CEO. Duthie was the force behind the development and creation of the EPT.

The reasons both gave were the same. They wanted new challenges and desired to get involved in different ventures. Others have also decided to depart from the organization. These include poker pro Greg Raymer, who has been a statesman and spokesman for online poker. Raymer, who won the 2004 World Series of Poker (WSOP) Main Event, left approximately a year ago. He was an original member of Team PokerStars and is now on the Board of Directors of the U.S. based Poker Players Alliance.

In December 2011 another well know professional, Joe Hachem, also left. Hachem won the 2005 WSOP Main Event. He said in his announcement, “It’s been a great run with PokerStars and I’m proud of my association with the people and the company. But it’s time for me to pursue other career opportunities and it will be fun to have some down time to spend with my family.” The poker pro added, “I look forward to the future with much excitement and anticipation and will always have fond memories of my time at PokerStars.”

 

Expanding Markets

Greg Raymer, one of the original PokerStars pros, left this year.

Greg Raymer, one of the original PokerStars pros, left this year.

After losing the U.S., which was one of its biggest markets, PokerStars had to refocus and it did so in Europe. The brand, which sponsors the EPT, managed to leave the U.S. market with dignity, as they were quick to refund U.S. players their cash and refocus in new areas. Campos kept the poker room on a steady course and unlike Absolute Poker and Full Tilt it remained solvent.

Even though they lost a major chunk of their market, the poker giant has still managed to maintain its status as the largest online poker room on the planet. The site has a weekly average of 26,000 cash game players. That’s six times more than its next largest competitor, the highly respected PartyPoker.

 

PokerStars Set the Standard

Before Black Friday and after it, PokerStars has been one of the rooms that has set the standard for fair gaming, exciting tournaments and topnotch play. Although no longer in the U.S. and despite numerous changes at the top, they seem to be as healthy as ever.

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Posted by on Jan 26 2012. Filed under Online Poker News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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