May 29, 2013

Cantor Gaming lawsuit against William Hill

Cantor Gaming has expanded their lawsuit against William Hill PLC for poaching trade secrets when they purchased the Brandywine sportsbook business last June for nearly $16 million off former employee.

The previous lawsuit two years ago was focussed solely on former employee of Cantor Gaming and now current CEO of William Hill US, Joseph Asher.

Ashers attorney says he cleared the Brandywine business plan with Cantor before going ahead with it “because he was interested in physical sportsbook locations,” not the mobile sector which Cantor focussed on during his time at Cantor.

Asher said he was subjected to “tirades” from his former boss at Cantor during a difficult final year of employment with the Wall Street investment company that owns books at The Venetian, M, The Cosmopolitan and the Palms in Las Vegas.

When Asher started Brandywine in 2008, after his unfriendly departure from Cantor in 2007, he then built a network of 16 sports and race books in Nevada.

In court papers from Cantor attorneys it says that, William Hill “has participated in, and plans to benefit from, Asher’s usurpation of business ideas and opportunities that belong to (Cantor). (Cantor is) informed and believes that the William Hill defendants have acted in concert with Asher and Brandywine for this unlawful objective.”

No comments:

Post a Comment