The trading director at Gibraltar-based online gambling group 32Red.com, 48-year-old Martin Saunders, is departing for pastures new, and as yet unidentified, in the online gambling industry.

Saunders joined 32Red in late 2006 from Ladbrokes International, where he was md, and was appointed to the 32Red board in 2008. His responsibilities included sports, poker and the most recent addition to the group's range of products, financial spread betting.

It is not known at present whether he will be replaced