Microgaming undergoes major restructure

Microgaming Software Systems Limited has undergone a restructure beginning with a name change to Apricot Investments.

The move signals the company’s intention of widening its interests in a variety of public and private assets, focusing on the interactive gaming and gambling space.

After leading Microgaming for the past 17 years as chief executive officer, Roger Raatgever, will serve as executive chairman of Apricot Investments.

In addition, Oakwood Limited, a wholly owned subsidiary of Microgaming Software Systems Limited, has been renamed Quickfire Limited and now trading as Microgaming will be led by John Coleman as chief executive officer.

Coleman previously served as chief financial officer of Microgaming, playing a central role in the operational running of the business in recent years.

“I am honoured to be leading Microgaming,” Coleman said. “This is a momentous time for the business, as we face exciting new opportunities in the years ahead.”

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