Unibets CEO Out on Bail
After transferring from the Netherlands to France today, Petter Nylander, Unibet's CEO was released on €200,000 bail, after being heard by a judge.

In part Nylander had the following to say about the situation in a press release from Unibet:

Our company is European; we are listed on the OMX Nordic Exchange, and audited on a regular basis. The fact that there are numerous legal proceedings ongoing against responsible operators such as Unibet doesn't make sense at a time when the French government has publicly referred to the opening of its online gaming market.
Such proceedings serve only one purpose - the commercial interests of France's two State-owned monopolies. There is an urgent need for reform of this market where these monopoly operators' actions are in complete disregard of EU Treaties and the interests of French players.

France has everything to gain from the controlled opening of its market, and La Française des Jeux, the PMU and French casino operators alike have an opportunity to be co-leaders together with private operators in the European online gaming market.

His detainment was the result of a suit filed in 2006 against Unibet. Alleging they breached French national laws from 1836 to 1891 protecting state-owned monopolies.

- 2007-10-31
Copyright 1999-2010 - InsideBet.com. Privacy Policy.
If you are interested in more than just virtual online gambling then go ahead and check out Yahoo's extensive internet gambling directory. Don't forget that we have a lot of similar information including gambling news, cruises and systems as well as free gambling and a guide with tips for beginners.