Monday May 12,2014 : MASSACHUSETTS A.G. CANDIDATE SEVERS TIES WITH GAMES DEVELOPER
Tolman says Fast Strike never really took off anyway.
When you're in a competitive battle for high official office in a US state, you are open to attack by your opponents on your business activities, and that appears to have happened to Warren Tolman, a candidate for the post of Attorney General in Massachusetts.
In a television interview that aired Sunday, Tolman revealed that he had cut all ties with Fast Strike Gaming, a fantasy sports games and lottery developer. There was nothing illegal in his involvement as director of business development with the company, yet he came under political and media attack for "making betting more appealing to young people."
“I’ve since divested any interest in the company, whatsoever. Never received a nickel for it,” Tolman said on the WCVB-TV (Channel 5) program “On the Record.”
Tolman originally held a 40 percent shareholding in the company, which he claims he has subsequently disposed of.
The disposal was later confirmed by a financial adviser to the candidate, who revealed that Tolman had sold his entire interest in the company to its CEO, Scott Oddo, for a nominal $1.
Tolman, a former state legislator, faces Maura Healey, a former assistant attorney general, in the Democratic primary to be the nominee for the state’s top law enforcement spot, reports the Boston Globe. Republican John Miller is also seeking to succeed the current attorney general, Martha Coakley, who is running for governor.