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Huge Opportunity for Casino Executive

By George Oates, Mar 23rd 2006
In the United Kingdom, according to the Montreal Gazette: "The businessman from Montreal, Mitchell (Mitch) had a real royal flush the previous day when he was chosen to head the world's largest online gaming company for a pay package worth almost $17 million U.S. in the first year."

"Previously, Garber was a sports talk show host on Montreal radio and TV stations, and now he will become one of the highest-paid executives in Britain when he will take over as chief executive officer of the fast-growing online gambling site PartyGaming PLC."

"However, he and his family will have to move from Montreal to Gibraltar, where PartyGaming has its headquarters, not for Britain."

"Many associates declared that Garber is blessed with boundless energy and that over time, he has built up an immense network of gambling contacts, especially in the U.S. industry."

"He was selected to replace departing PartyGaming CEO Richard Segal after the former left the company, due to an international recruitment search."

"In a brief interview, Garber declared that one of his top priorities will be growing the company outside the United States, because the company earns about 80 per cent of its revenues from overseas. The company, went public in London last year, and has more than 1,500 employees, almost $1 billion U.S. in income last year and a stock market value of $10 billion U.S"

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