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Bets of Mates has launched
11/22/2012 : BEST OF MATES NEW SPORTS BETTING OPERATION
Co-owned and run by former UBS banker implicated in Adoboli case
A new football betting website called Bets of Mates has launched with an offering targeted at groups of friends who gamble against each other in a league.
The website, which carries a UK Gambling Commission authorisation on its home page, was co-founded by John Hughes, Dave "TY" McGurk and Adam Haywood and is headquartered in Leeds.
Dave TY McGruk is a professional footballer for York City while Adam Haywood is a business development manager by trade.
John Hughes is a former City Trader with UBS who worked alongside convicted "master fraudster" and rogue trader Kweku Adoboli who was jailed for seven years this week having been found guilty of what is termed "British History's biggest fraud" which cost UBS $2.3 Billion.
Hughes was implicated in the trial for allegedly being aware of the fraudulent trades but not disclosing them to management and when dismissed began development on the site.
"Obviously, I've been without a job," Hughes said. "I thought it [the website] was a good idea. My best mate is a professional footballer and he's invested in it."
Hughes responding to a question posed by The Guardian asking him to "pass comment on whether it's appropriate" for a man so closely linked to Britain's biggest ever fraud loss to be running a betting site", responded "It's not as though it's the first gambling website, it's an appropriate use of my skills, hopefully."
Oink Country Love Slot Launches -
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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