Two bwin.party Execs Acquitted of Gambling Charges in France

Two bwin.party Execs Acquitted of Gambling Charges in France

bwin.party exec Norbert Teufelberger and former co-CEO Manfred Bodner (r) have actually finally been acquitted of charges in France. (Image: SN / APA / HERBERT PFARRHO)

The battle over whether bwin now known as bwin.party violated the rules of France’s online gambling industry happens to be fought for more than a decade now, with legal proceedings having begun nearly eight years back. But finally, after it seemed as although the case might never be resolved, A french court has come to the final outcome that two executives who were with bwin during the disputed time duration are maybe not guilty of the crimes they are accused of.

Bwin.party chief executive Norbert Teufelberger and former co-CEO that is bwin Bodner have actually both been acquitted of fees that they violated the legal gambling monopolies set up in France between 2003 and 2005. At that time, only two organizations La Francaise des Jeux (FDJ) and Pari-Mutuel Urbain (PMU) were given a monopoly over the country’s gambling industry, with the two accusing bwin of violating their rights by offering online gaming products to French citizens.

Very Long Wait for Verdict

Teufelberger and Bodner were initially arrested back in September 2006 while at a press conference announcing a partnership between bwin and AS Monaco, a soccer club that is french. The pair ended up being charged with illegally offering Internet gambling items, illegally receiving wagers o Continue lendo “Two bwin.party Execs Acquitted of Gambling Charges in France”