Former VueTec CEO Martin Reiner, together with former colleagues Ryan St. James and Janice Alder, have formed a company called Visionary iGaming to compete in the live-gaming-over-the-Internet sector. Dublin-based VueTec is unlikely to be pleased at the direct competition - St. James was its head of business development and Alder was VP of online casino operations.
Reiner, an MIT graduate and former banking/exchange executive left his position with VueTec Ltd. after three years as CEO at the end of 2007 to form a company focused solely on providing high quality live online casino solutions. He claims to have turned a struggling VueTec around whilst in charge, revitalising both the management team and capital structure of the company and placing the focus on customer service and product quality.
New games like Blackjack Early Payout were introduced and clients signed up as the company expanded until Reiner encountered what he describes as "substantial philosophical differences about the future direction of the company" with the board of directors, leading to his resignation.
"Visionary iGaming will provide version 2.0 of live online casino solutions to operators and regional entrepreneurs alike using the latest web technologies", says Reiner. "ViG is positioned to give the market what it is demanding – an interactive, entertaining, and real online gaming experience. This, combined with a powerful back office including innovative franchise management tools, and multi currency payment solutions will allow players all over the world to have the closest experience possible to being in a real casino short of going to Vegas or Macau."
Reiner says that ViG will focus on three primary distribution channels: Regional operators looking to open their own Live Gaming Franchises that will offer live casino games to their brick and mortar clientele using ViG's 'Live Casino in a Box' solution; existing iGaming operators wishing to offer live games to their current players via direct integration of ViG's Game Feed and new licensees that seek a turnkey live online casino solution including payment processing and full back office capabilities.
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