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 finally been acquitted of costs in France. (Image: SN / APA / HERBERT PFARRHO)

The battle over whether bwin now known as bwin.party violated the guidelines of France’s online gambling industry was fought for over a decade now, with legal proceedings having begun nearly eight years ago. But finally, after it seemed as although the instance might never be resolved, A french court has come to the final outcome that two professionals 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 bwin co-CEO Manfred Bodner have actually both been acquitted of fees that they violated the legal gambling monopolies set up in France between 2003 and 2005. At the time, only two companies La Francaise diverses Jeux (FDJ) and Pari-Mutuel Urbain (PMU) were offered 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 originally arrested back in September 2006 while at a press seminar announcing a partnership between bwin and AS Monaco, a soccer club that is french. The pair was charged with illegally offering Internet gambling items, illegally receiving wagers on displaying activities, an Continue reading “Two bwin.party Execs Acquitted of Gambling Charges in France”