On Wednesday, John Duthie announced in a forum that he has resigned as CEO of the European Poker Tour. Duthie, who didn't renew his contract with PokerStars when it ended on Dec. 31, founded the European Poker Tour in 2004 and has made it the richest and most prestigious poker tournament in Europe. Below you can read John Duthie's forum post:
"It is time to move on and to leave the EPT in the capable hands of the existing management team," Duthie said. "It has been a fascinating and challenging seven years and I have watched the EPT grow phenomenally in that time, thanks to the support of the players and the professionalism of a great team on the ground."
"There are going to be some amazing opportunities coming up in 2012 and 2013 as the U.S. market prepares to open up for business once again and I want to be available to take on new challenges and to cement new relationships moving forward."