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  • PokerStars CEO Steps Down

    Tuesday, January 17th, 2012 by Ryan

I guess the recent “sit out” at PokerStars has drawn even more attention than most people imagined! While this new bit of poker news may not directly relate to the sit out, PokerStars continues to find themselves in the news almost every day for something new it seems. This time, a bit of news leaked that the current Chief Executive Officer of the massive online poker site, Gabriel “Gabi” Campos Woslovsky, will be stepping down from his job with the site. While this comes as a shock to many people, the fact that Stars has been in the news so often lately, makes this move a bit more understandable, especially because it seems that they haven’t exactly been all over the place for “good” reasons.

The move will be completed on February 1st of this year apparently, and it was stated that Campos was stepping down from his position in order to “pursue other opportunities”. As far as his replacement for the job goes, there has been no one named, and fans of the massive online poker site are curious to see who will step into this job, and also what to expect as far as changes go (if any). Campos originally got this job back in July of 2010 in October, and came to the huge site from another site, Dragonfish, which runs close to the popular site 888.com. He was a big part of Dragonfish’s success, in which they saw revenues that increased 33 percent in a one year span when he was in the job.

But what really makes this story a bit more interesting is the fact that this is now the third high ranking member of the site to head out of the company in under a 12 month span as well. It began when Thomas Kremser, who was the European Poker Tour’s tournament director announced he was leaving, and then earlier this month, John Duthie not only decided not to continue playing on PokerStars as a pro, and also that he would be stepping down as the CEO of the European Poker Tour also. Both had similar reasons for their departure, which related to attempting to find some new challenges in the coming years. To top it off, Stars has also been parting ways with big time players as well, like Greg Raymer and Joe Hachem as well. According to reports about these two, they both decided to end their time on the site on their own terms also.

Even with the large number of players and executives leaving PokerStars, you can bet that they will still remain near the top of the online poker rankings. Stars is currently ranked number one, and their cash game poker game totals are nearly six times more than the next site in line, PartyPoker. Keep an eye out for Stars in the coming months, and also through 2012 to see what types of things happen with this site! We’ll keep you posted as more news comes out on the open job at Stars now, and we assume that they will be making the decision within the next few weeks.

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