Online Gambling CEO Released on Bail

While Petter Nylander is a free man for now, this just was not the case last week when he was detained on a European warrant. Set free on a EURO 200,000 bail, Nylander may have to return to France for some more investigations.Nylander was informed by a French judge that he may have to return to the country with possible charges of illegal gambling operations and advertising such operations, which is against the French protectionist laws facing him. If he is found guilty, it could mean a sentence of up to three years in jail.

“In the coming weeks and months there will be more questions from the French,” stated Nylander.

Nylander has said, in a Unibet issued statement, “Unibet, the company that I run, has always abided by the law. We are transparent and we promote the concept of responsible gaming.”

“Our company is European; we are listed on the OMX Nordic Exchance, and audited on a regular basis. The fact that there are numerous legal proceedings ongoing against responsible operators such as Unibet doesn’t make sense at a time when the French government has publicly referred to the opening of its online gaming market.”

Nylander’s statement continues, “Such proceedings serve only one purpose – the commercial interests of France’s two State-owned monopolies. There is an urgent need for reform of this market where these monopoly operators’ actions are in complete disregard of EU Treaties and the interests of French players.”

“It is Unibet’s strong belief that the French consumer should have a choice regarding online betting and gaming, with specific regulation. France has everything to gain from the controlled opening of its market, and La Française des Jeux, the PMU and French casino operators alike have an opportunity to be co-leaders together with private operators in the European online gaming market.”

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