World Gaming Chairman, Board Member Quit
The chairman and director of Internet gambling company World Gaming PLC have resigned from the company's board.
James Grossman, nonexecutive chairman, and Clare Roberts, nonexecutive director, handed in their notice at a board meeting.
World Gaming had announced earlier this month that it was in the early stage of talks with Sportingbet PLC about being taken over in a deal worth about 56 million pounds ($106.4 million). That announcement came the same day Sportingbet said its Chairman Peter Dicks had been arrested in the U.S. on gambling charges.
Dicks was the second executive from a British gaming company to be detained in the U.S. in recent months, after former BetOnSports PLC Chief Executive Officer David Carruthers was arrested on federal charges in July.
Dicks, who has resigned from Sportingbet, has been released on $50,000 bail. Carruthers remains under house arrest in the St. Louis area awaiting trial.
Source
James Grossman, nonexecutive chairman, and Clare Roberts, nonexecutive director, handed in their notice at a board meeting.
World Gaming had announced earlier this month that it was in the early stage of talks with Sportingbet PLC about being taken over in a deal worth about 56 million pounds ($106.4 million). That announcement came the same day Sportingbet said its Chairman Peter Dicks had been arrested in the U.S. on gambling charges.
Dicks was the second executive from a British gaming company to be detained in the U.S. in recent months, after former BetOnSports PLC Chief Executive Officer David Carruthers was arrested on federal charges in July.
Dicks, who has resigned from Sportingbet, has been released on $50,000 bail. Carruthers remains under house arrest in the St. Louis area awaiting trial.
Source
posted by Ace In The Hole at 4:10 AM
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