Want to know where your diminishing online bankroll is going? Well if you play on PartyPoker a fair chunk of it will be going to a gentleman called Mitch Garber, the new chief executive of PartyGaming.

It’s not just the likes of Phil Ivey and 22-year-old Mike Schneider, who won the Partypoker Million V recently, who are getting rich on the back of the internet poker boom, the industry’s boardroom heavy-hitters are coining it too.

Garber will receive a sign-on fee of $6 million, which includes relocation from Canada to Gibraltar, where the operator is based, and severance from his position at Fire One plc, a company which processes payments for online gambling.