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Betting on the Net

Betting on the Net

By:  David Carey  On: 02 Jul 2006 For: CIO Canada Creator

Roy Bernhard is a Jack of all trades: inventor, entrepreneur, chief technology officer, general manager, hiring guru – even an audacious hacker and midnight raider. It’s all part of the job when you’re trying to win the jackpot in the high-stakes world of online gaming. Here’s how Bernhard parlayed a passion for tinkering into a multi-million dollar business on one of the Internet’s rough and tumble new frontiers.

With US$12 billion in annual revenues, online gaming is no penny ante business. But even though it’s gaining respectability, there’s still something of a Wild West feel about this emerging industry. Just ask Roy Bernhard, Group CTO of BetCorp Ltd. and GM of BetCorp Canada Inc., Toronto. He’s had his nose bloodied once or twice – figuratively speaking – in some corporate dust-ups on this new frontier.

Bernhard joined BetCorp the old fashioned way – he was acquired. That is to say his company was acquired, in what he calls “one of the strangest acquisitions ever”. BetCorp moved into his firm’s offices, expanded them, and implemented all of the acquired company’s change processes and management processes.

“We were very much a process-oriented company and we had integrated multidisciplinary teams that could do various things effectively,” he explained. “There wasn’t an ‘accounting department’ and an ‘IT department’. We ended up pooling it all together and having mini-bubbles of companies within the company. That way nobody was ever fighting for someone else’s resources.”

BetCorp Ltd. is a significant player in the online gaming business. Listed on both the London and Australian Stock Exchange, it ranked among the industry’s top ten firms in both 2004 and 2005. The company operates in various key gaming areas, including online poker, online casino, and online sports wagering. It also has a ‘White Label’ program, offering turnkey solutions to online gaming affiliates.

The road to the CTO’S office

Recalling how he got started in this line of work, Bernhard described himself as more of an inventor than a computer nerd in his early teens. He loved to tinker with things, and was inspired by an uncle with a passion for souping up his Apple IIe.

Bernhard earned a B.Sc in computer science at the University of Western Ontario, but it was a stint at London’s Fanshawe College that gave him the practical grounding that he needed to start his own computer consulting business. For his final college project, he developed a client management system for the Salvation Army’s Harmony House juvenile facilities.

“The system was quite successful, and the business side of me said ‘maybe there’s an opportunity out there’,” he said. And as it turned out, his instincts were correct – there was plenty of opportunity out there. He discovered that hundreds of other institutions across the country used the same forms, policies and procedures as those involved in the Salvation Army project. So he brought some friends on board to help and did fairly well at the venture, before eventually selling the business. The proceeds didn’t make him rich, but it gave him a start – and perhaps more important, he learned some valuable business lessons along the way. And in the rough and tumble world of online gaming, business smarts are the chips that keep you at the table.

Having divested himself of his business, Bernhard found himself at loose ends, wondering what to do with his life. Not one for thinking small, he hit upon a grand idea – creating the world’s largest lottery. Nothing too outrageous; just something in the multibillion dollar range.


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David Carey David Carey is a contributor to the International Data Group (IDG) News Service, which publishes global technology stories from bureaus around the world to more than 300 publications in more than 60 countries.
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