According to a report in the UK’s Daily Mail newspaper, the head of one of the nation’s leading bookmakers was arrested in France for allegedly taking bets on horses.
The newspaper reported that Victor Chandler, one of the first bookies to start an online business that he still runs from Gibraltar, and three other bookmakers were arrested during the Arc De Triomphe race meeting at Longchamps on Sunday for illegally taking bets.
The group, believed to include Chandler's nephew and rails representative Butch Beaton-Brown, were caught in a raid on the corporate facility for British race-goers run by Horse Racing Abroad, a group that takes around 1,300 fans to the Paris venue every year.
The Daily Mail stated that Chandler was questioned by French police from their racecourse gambling unit and told not to leave the country before a further interview the next day, supposedly prompting the multi-millionaire to stay overnight at a suite in the five-star George V Hotel just off the Champs-Elysees in the French capital.
Ian Fry, boss of Horse Racing Abroad, was quoted in the newspaper as saying that he had seen none of the party of more than ten gendarmes that raided his pavilion at Longchamps nor had he seen Chandler at the racecourse.
However, following further questioning, Chandler was not held by French police and allowed to leave the country.
“Four people from Victor Chandler were questioned by French police on Monday in respect of various aspects regarding entertaining at Longchamps and they were subsequently released without charge,” said a spokesperson for Victor Chandler.
http://www.igamingbusiness.com/article-detail.php?articleID=14911
October 10, 2007
October 09, 2007
Online Casino to Open Sportsbook
One of the world’s largest online gaming companies, 888.com, has announced plans to offer sportsbetting as soon as later this year.
Gigi Levy, Chief Executive Officer for the Gibraltar-licensed firm, was speaking at the recent European iGaming (EiG) conference in Barcelona and hinted that sports betting could be launched in the first market in a few months and implied that the deal with the provider would be for more than just one year.
'The UK is our biggest market but we also have Seville,' said Levy. 'It's highly likely that there will be another deal by the end of the year. It'll be something that doesn't cost much but hopefully makes a lot of money.”
Having seen takeover talks with gambling group Ladbrokes come to nothing due to worries about retrospective prosecution by US authorities following the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) last year, 888.com has previously stated that it is looking to be a predator rather than prey for larger rivals.
Industry analysts have previously speculated that 888.com could purchase Rank Group’s Blue Square to offer bets on football (soccer) matches, horse racing and other sports for the first time.
Gigi Levy, Chief Executive Officer for the Gibraltar-licensed firm, was speaking at the recent European iGaming (EiG) conference in Barcelona and hinted that sports betting could be launched in the first market in a few months and implied that the deal with the provider would be for more than just one year.
'The UK is our biggest market but we also have Seville,' said Levy. 'It's highly likely that there will be another deal by the end of the year. It'll be something that doesn't cost much but hopefully makes a lot of money.”
Having seen takeover talks with gambling group Ladbrokes come to nothing due to worries about retrospective prosecution by US authorities following the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) last year, 888.com has previously stated that it is looking to be a predator rather than prey for larger rivals.
Industry analysts have previously speculated that 888.com could purchase Rank Group’s Blue Square to offer bets on football (soccer) matches, horse racing and other sports for the first time.
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