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Two bwin.party Execs Acquitted of Gambling Charges in France

Two bwin.party Execs Acquitted of Gambling Charges in France

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

The battle over whether bwin now known as bwin.party violated the guidelines of France's online gambling industry was fought for more than a decade now, with legal proceedings having begun nearly eight years ago. But finally, after it seemed as though the case might never be resolved, A french court has come to in conclusion that two executives who were with bwin during the disputed time duration are not guilty of the crimes they've been accused of.

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

Long Wait for Verdict

Teufelberger and Bodner were initially arrested back in September 2006 while at a press meeting announcing a partnership between bwin and AS Monaco, A french soccer club. The pair ended up being charged with illegally providing Internet gambling products, illegally receiving bets on sporting activities, and ma (mais…)

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