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Bet365 Reacts to Paysafe Illegal Online Gambling

BET365 REACTS TO SPOTLIGHT ALLEGATIONS OF UNLAWFUL ONLINE GAMBLING (Update)
 
Ripples from accusations aimed at Paysafe by short seller trigger a response from one of the largest firms in the online gambling industry.
 
Accusations of supporting illegal online gambling conduct aimed at Paysafe earlier this week by alleged Paysafe short-seller, Spotlight Research, have triggered a defensive response from one of the largest operators in the international online gambling industry, Bet365.
 
Part of the Spotlight allegations against Paysafe, an online payments group offering well known online payment vehicles like Neteller and Skrill, involved Bet365 and the Chinese market, and Bet 365 has responded by claiming it has no physical presence in China and is not breaking Chinese laws.
 
Describing the Spotlight claims as “self-serving, misleading and inaccurate”, Bet 365 explained that as a company it takes its legal and regulatory obligations very seriously; is licensed by appropriate regulatory authorities across a range of jurisdictions; and is compliant with all relevant legislation.
 
“There is no legislation which expressly prohibits the supply of remote gambling services into China by operators who are based outside China," the Bet365 statement observed. “Bet365 has no people, assets or infrastructure in China and does not engage any agents, aggregators or intermediaries, for any purpose, in China.
 
“In the view of Bet365, and its lawyers, Chinese law does not extend to the provision of services into China by gambling operators and service providers who themselves have no nexus with the territory.
 
“Accordingly, Bet365 considers Spotlight Research’s analysis of the relevant legislation and statements surrounding the alleged illegality of the provision of remote gambling services into China remotely to be self-serving, misleading and inaccurate.”



Gambling News :

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

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