Two bwin.party Execs Acquitted of Gambling Charges in France



bwin.party exec Norbert Teufelberger and former co-CEO Manfred Bodner (r) have finally been acquitted of costs in France. (Image: SN / APA / HERBERT PFARRHO)

The battle over whether bwin now called bwin.party violated the rules of France’s online gambling industry is battled for more than a decade now, with legal proceedings having begun nearly eight years ago. But finally, after it seemed as although the instance might never be resolved, A french court has come to the final outcome that two executives who were with bwin during the disputed time duration are perhaps not guilty of the crimes they are accused of.

Bwin.party chief executive Norbert Teufelberger and former co-CEO that is bwin Bodner have both been acquitted of fees that they violated the legal gambling monopolies set up in France between 2003 and 2005. At the time, only two organizations La Francaise diverses Jeux (FDJ) and Pari-Mutuel Urbain (PMU) had been offered a monopoly on the country’s gambling industry, with the two accusing bwin of violating their rights by offering online gaming products to French citizens.

Very Long Wait for Verdict

Teufelberger and Bodner were initially arrested straight back in September 2006 while at a press meeting announcing a partnership between bwin and AS Monaco, a soccer club that is french. The pair had been charged with illegally offering Internet gambling items, illegally receiving wagers on sporting activitie Continue reading “Two bwin.party Execs Acquitted of Gambling Charges in France”