Fe Limited (ASX:FEL) has now appointed Paul Carroll as managing director, replacing Mark Gwynne who will retire from his executive role but remain a non-executive director, at completion of the Cardinal House acquisition.
FEL has previously has signed a binding conditional agreement to acquire 100% of Cardinal House.
The partnership allows Cardinal House to gain access to a worldwide fully integrated interactive gaming management system, comprising of (but not limited to) bingo, licensed online gaming and specifically Gameworkz-originated content and technologies, accessible from multi-level devices such as mobile/hand held devices, specialist set top boxes, PCs, specialist gaming consoles, MacBook, iMac and MacBook Pro.
It is proposed that Gameworkz will operate as Cardinal House’s specialist bingo service provider.
Under the agreement, Gameworkz will provide Cardinal House with services that include full site management and business development, operations management, chat teams and chat management, customer support and data analytic support management, cash-out services, local and international marketing and full player acquisition and retention services.
Tony Sage, chairman for FEL, recently commented:
“Gameworkz is recognised as one of the industry’s leading interactive bingo service providers and has won multiple industry awards. It’s great news for FEL and the shareholders that we have partnered with such an experienced service provider.”
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