Fiver Media (aka Bodog & Riptown) cut 174 employees

Posted by Rob Lewis

Calvin Ayre and his Bodog Empire have received plenty of mainstream media coverage (BC Business, Vancouver Sun, Forbes, etc.) over the past couple years however their recent round of layoffs have remained under the radar. Gambling news sites and Vancouver forums have been buzzing since Bodog-related marketing support arm Fiver Media (formerly Riptown Media) announced cuts to operations locally and gave 174 employees three months working notice in August.

Luckily the Vancouver Sun's David Baines has been on Ayre like a dog on a bone and dropped by Fiver's offices to poke around:

It's also difficult to determine what's happening at Fiver Media. On Tuesday, I dropped into its office at 333 Seymour St., but nobody would talk to me. Fiver Media is run by Jim Phillips, a Vancouver chartered accountant and former senior partner with the Vancouver accounting firm Morgan & Company. Although he was in his office when I dropped by, he did not show his face.

It sounds like they weren't interested in talking to Baines because they're all busy collecting a paycheque while working on their resumes and job hunting.

In an oddly considerate gesture, Fiver Media hosted an 'Open House' for local tech companies to network with employees and present current opportunities. Smart move by Fiver management as any poached staff will only shorten the working notice payouts they're on the hook for. According to an insider, Blast Radius, AirG, Action Pants, Relic, Kodak, and Telligence all dropped in to shop for staff.

So, where does Calvin Ayre fit in this continuing saga?? Ayre transferred licensing/ownership of Bodog's North America Operations to Morris Mohawk Gaming in 2007 in hopes of buffering himself from US Department of Justice laws. Ayre claims to have since 'retired' and remains in exile in Costa Rica.

Company:
Fiver Media
Website:
http://www.fivermedia.com/
Location:
Vancouver, British Columbia, Canada

Fiver Media is a full-service Product Development and Marketing services provider to world-renowned clients with big ambitions. With offices in Vancouver and Toronto, we are always looking for great people with exceptional skills for that next big thing! Professional but never corporate, we like to have fun while delivering wicked solutions for websites, games, and ecommerce. Our core difference is our people and... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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