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 battled for more than a decade now, with legal proceedings having begun nearly eight years ago. But finally, after it seemed as although the case might never be resolved, a court that is french come to the conclusion that two executives who were with bwin during the disputed time period are perhaps not guilty of the crimes they are accused of.

Bwin.party chief executive Norbert Teufelberger and former bwin co-CEO Manfred Bodner have actually both been acquitted of costs that they violated the appropriate gambling monopolies set up in France between 2003 and 2005. At that time, only two organizations La Francaise diverses Jeux (FDJ) and Pari-Mutuel Urbain (PMU) had been given a monopoly throughout the nation’s gambling industry, with the two accusing bwin of violating their rights by offering online gaming products to citizens that are french.

Long Wait for Verdict

Teufelberger and Bodner were originally 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 had been faced with illegally offering Internet gambling products, illeg Continue reading “Two bwin.party Execs Acquitted of Gambling Charges in France”