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Bwin executive officers acquited in French Court

Monday May 19,2014 :  FRENCH COURT ACQUITS BWIN EXECS (Update)
 
Prosecutor has ten days to appeal ruling
 
BWIN chief executive officer Norbert Teufelberger and former co-chief executive officer Manfred Bodner were reportedly acquitted of infringing French gambling law between 2003 and 2005 by a French court in Nanterre late last week.
 
La Française des Jeux and Pari-Mutuel Urbain laid the initial complaints against BWIN for its football team sponsorships and online gambling activities in the French market at the time but although later withdrawing those complaints, French authorities continued to pursue the complaint asking the Court to impose a Euro 40 000 fine against each defendant.
 
InfoPowa readers will recall Bodner and Teufelberger being briefly detained by French police in 2006 during the launch of its sponsorship of football team AS Monaco.
 
The court handed down an oral judgment acquitting Bodner and Teufelberger, however, the prosecution has ten days in which to appeal the ruling.
 
"Our view of European Union Law has now been confirmed.  BWIN violated no laws in France," said a legal representative for BWIN.
 
Written judgment is expected to follow in the coming weeks.

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Gambling News :

2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

Cherry CEO Fredrik Burvall Steps down - Anders Holmgren, currently a board member of Cherry AB and one of the founders of Betsson where he also held the role of chief executive officer of Betsson Malta

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