Another sports gambling exec busted

[2Tone]

Sportingbet's Chairman Dicks Arrested In U.S.



Sportingbet, owner of a gambling Web site, said its chairman has been detained in the U.S., two months after the chief executive of BetOnSports PLC was arrested in the United States on racketeering charges.

The company said a hearing has been scheduled for Sportingbet Chairman Peter Dicks, though no further details were given. Sportingbet declined to specify where in the United States Dicks was being held.

[2Tone]

News of Dicks's detention overshadowed strong results from PartyGaming, which said core profit rose 47 percent in the first six months of the year to $380 million and stressed it was reducing its dependence on the U.S. market.

PartyGaming said it whittled down the percentage of revenues it takes from the United States to 77 percent in the first half, from 86 percent a year earlier.

PartyGaming has been trying to reduce its U.S. exposure for over a year, partly as a response to attempts by some U.S. politicians to get Internet gaming banned.

PartyGaming Chief Executive Mitch Garber told a conference call on Thursday that the anti-gambling bill, backed by Rep. Bob Goodlatte, faced opposition in the Senate, and time was running short ahead of U.S. elections.

"Time is in short supply, and the bill continues to face opposition, but this is politics, and we are not complacent, and the outcome remains uncertain," he said.

[GeoffM]

I think PartyGaming is posting better profits because they've become very stingy with their bonuses...that will be all.

[Talking Poker]

You don't think it has anything to do with their ridiculous MONSTER RAKE?

[jillaj]

Explain to me why a CEO from a online sportsbook would ever set foot on US soil after the first guy got pinched?

[Talking Poker]

I was wondering the exact same thing.

[Govman6767]

Yeah no shit if I was a big CEO with billions of bucks I'd be shacked up in amsterdam somewhere with a broad in one arm and a doobie in another.

I mean you have everything you want in life but you still make SUPER retarded gambles that might end you up in jail.

Unless his sole purpose is to come to the U.S. hoping his arrest will stir up some opposition to this anti gambling bill (which I seriously doubt)

[eejit101]

what a "dick".

stay in your gibraltar mansion fewl.

And party gaming posts some nice numbers, but for how long, some rumours going round of a nice payoff to some high up people nowdays in the US government.

[Penguinfan]

Nobody is that stupid, and nobody in that position takes that kind of gamble, there is much more to this than meets the eye, trust me on this.

[MAYHEM45]

Meaning what?

[Talking Poker]

Yeah, like what? Give us a hypothetical example.

[Tony Cheval]

My money's on San Francisco.