Another Gaming Exec Detained by US Authorities
The United States has detained a second Internet gaming executive, adding to fears it is cracking down on the lucrative industry and sparking share price falls that wiped over 800 million pounds off the market value of the sector.
According to Sportingbet, their non-executive chairman Peter Dicks was detained by US authorities while visiting the US on non-Sportingbet business.
Dicks' detention follows the arrest of BetonSports PLC's former chief executive David Carruthers earlier this year and the subsequent 22-count indictment served on BetonSports, alleging various charges of racketeering, conspiracy and fraud, including breaches of the 1961 Wire Act.
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According to Sportingbet, their non-executive chairman Peter Dicks was detained by US authorities while visiting the US on non-Sportingbet business.
Dicks' detention follows the arrest of BetonSports PLC's former chief executive David Carruthers earlier this year and the subsequent 22-count indictment served on BetonSports, alleging various charges of racketeering, conspiracy and fraud, including breaches of the 1961 Wire Act.
Read about it
posted by Postcards From The Ledge at
12:32 AM
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