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Racecourse owner Michael Tabor takes over Betvictor
Saturday May 24,2014 : VETERAN BOOKMAKER TO STEP DOWN AT BETVICTOR
Racecourse owner Michael Tabor takes over online casino and sportsbook operator.
Industry veteran Victor Chandler has announced that he is to step down as chairman of BetVictor following the news that the online casino and sportsbook company has been taken over by racecourse owner and major investor Michael Tabor.
Chandler’s experience will not be lost, however – he has agreed to act as a consultant for the Gibraltar-based company.
Speaking about the deal, Chandler said: “Having owned and led this business for more than 40 years, I looked towards the future and I decided that the company would be best served under new ownership and leadership.
“I have known Mr. Tabor for many years and I am confident that the company will continue to thrive under his ownership.”
For Tabor the wheel has come full circle; he was one of the founding investors in BetVictor, and already owned 45 percent of the business. He is highly experienced in the betting industry, having at one time headed a successful retail bookmaking company that he subsequently sold to the Coral group.
“I believe the BetVictor brand has enormous potential and is well placed to continue its expansion with further investment and strategic development,” Tabor said.
The acquisition deal has been approved by the Gibraltar regulator, according to media reports Friday.
BetVictor’s chief executive officer, Michael Carlton, has also confirmed that he will leave the company, although he will continue to serve in a consulting capacity during the transition to the new owners.
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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.
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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.
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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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