888 under french investigation
Ex-chief executive of Casino 888 a Mr John Anderson is to be questioned by French authorities, Mr Anderson ended his role as chief executive of 888 at the end of last year, but still remains a non-executive director of the company.
888’s shares have dipped by more than 4 percent as news spread throughout the gambling industry. 888 is said to be puzzled as to the reasons why the company has been targeted for questioning, adding that revenue and income from France makes up a small percentage of there business.
888’s former sponsorship of the Toulouse football club, according to the Guardian newspaper, may shed some light on France’s interest in the company. Two executives from the Internet betting firm Bwin Interactive were held by French authorities last year as they unveiled a shirt sponsorship deal with AS Monaco.
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888’s shares have dipped by more than 4 percent as news spread throughout the gambling industry. 888 is said to be puzzled as to the reasons why the company has been targeted for questioning, adding that revenue and income from France makes up a small percentage of there business.
888’s former sponsorship of the Toulouse football club, according to the Guardian newspaper, may shed some light on France’s interest in the company. Two executives from the Internet betting firm Bwin Interactive were held by French authorities last year as they unveiled a shirt sponsorship deal with AS Monaco.
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posted by Glenn at Thursday, March 01, 2007
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