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Gaming company CEO cleared of stealing former employer s client database

Gaming company CEO cleared of stealing former employer s client database A man cleared of stealing data from his former employer to use in his own company with the court flagging numerous shortcomings in the presentation of evidence 18 December 2020, 4:41pm by Matthew Agius A gaming company CEO has been cleared of computer misuse and stealing data from his former employer to use in his own company. In 2017, Fredrik Gereon Ljungcrantz had been charged with unauthorized copying and making use of data, which was property of his employer, Evoke Gaming Ltd. He was also accused of promoting, selling or abetting remote gaming from Malta without the requisite licence.

Online gaming official cleared of unlawful use of former employer s data

The CEO of an online gaming company has been cleared of unlawfully accessing and downloading data from his former employer’s database. Fredrik Gereon Ljungcrantz had left Evoke Gaming Ltd in 2016, after three years as sole call centre manager, to take up a job at Stay Gaming Group NV, working at Staybet.com, owned by his best friend.  Together, the two were in the process of setting up a new business, Magic Holding Ltd. Following Ljungcrantz’s departure, Evoke registered a sharp decline in sales deposit and gaming revenue, with an auditor subsequently testifying that net gaming revenue had dropped from €12.9 million in 2015 to €9.9 million the following year. 

ASX stock of the day: Emerge Gaming (ASX:EM1) shares rocket more than 20%

ASX stock of the day: Emerge Gaming (ASX:EM1) shares rocket more than 20% Sebastian Bowen | December 16, 2020 3:29pm | More on: The Emerge Gaming Ltd(ASX: EM1) share price is rocketing today, up 19.4% at the time of writing to 8 cents. Emerge Gaming shares closed at just 6.7 cents yesterday, but opened at 7 cents today after a brief trading halt (more on that later), and climbed even higher afterwards, hitting 8.6 cents a share at one point. Today’s move caps off what has been a wild few months for Emerge Gaming shares. As recently as May 2020, the company’s shares were trading for just 1 cent apiece. However, the shares spiked back in October, climbing as high as 19 cents, representing a year-to-date gain of 600% and a 1,300% gain since 25 May. On today’s prices, Emerge shares are still up 305% year to date, but also down more than 42% from October’s highs.

Plan for new gaming centre in Huntingdon town centre | Huntingdon and St Neots News | The Hunts Post

Plan for new gaming centre in Huntingdon town centre | Huntingdon and St Neots News | The Hunts Post
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