Online Casinos, Gambling, Poker and Sports Betting Magazine

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Boss of Online Gambling site sacked.

26/7/2006
After the latest gambling industry debacle involving David Carruthers, the Board of Directors of BetOnSports has fired their CEO after his continued detention by US authorities. In a statement to the press, BetOnSports said, ‘On July 24, the contract under which David Carruthers acted as CEO of the company was terminated. Clearly, while he remains in the custody of the US Government he is unable to perform his duties. The company has also been unable to speak directly with Mr. Carruthers’.

The US authorise are also attempting to take BetOnSports founder, Gary Stephen Kaplan, into custody. He is charged with twenty offences including tax evasion and conspiracy. The company is separating themselves from Kaplan to put as much distance between them and this legal issue. They have said that he was a consultant and not in any way in a managerial role.

The company said that the Mail on Sunday reported ‘sex party’ at a BetOnSports business premises in 2002 took place before the company floated. It added that since the time of its public listing, the Board believes it has operated in accordance with the standard expected of a UK Plc, which is publicly quoted on AIM on the London Stock Exchange.

The statement included, ‘Some media reports have focused on alleged improper activity occurring at the group's Costa Rican business premises during VIP parties and other events. All these allegations relate to the time prior to the acquisition of the business by the company and its July 2004 float.’

Stephen Holder.
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