bwin.party exec Norbert Teufelberger and former co-CEO Manfred Bodner (r) have finally been acquitted of charges in France. (Image: SN / APA / HERBERT PFARRHO)
The battle over whether bwin now called bwin.party violated the guidelines 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 though the situation might never be resolved, A french court has come to the conclusion that two executives who were with bwin during the disputed time duration are not guilty of the crimes they’ve been accused of.
Bwin.party chief executive Norbert Teufelberger and former co-CEO that is bwin Bodner have actually both been acquitted of charges that they violated the legal gambling monopolies set up in France between 2003 and 2005. During the time, only two businesses La Francaise diverses Jeux (FDJ) and Pari-Mutuel Urbain (PMU) were offered a monopoly throughout the country’s gambling industry, with the two accusing bwin of violating their rights by offering online gaming products to citizens that are french.
Very Long Wait for Verdict
Teufelberger and Bodner were originally arrested right back in September 2006 while at a press seminar announcing a partnership between bwin and AS Monaco, A french soccer club. The pair ended up being faced with illegally offering Internet gambling products, illegally rece Continue reading