SportingBet Plc. Leader Handcuffed in the Big Apple

The attack against online gambling in the United States continues as Port Authority police arrest Internet gambling executive Peter Dicks, the top man for the popular UK online sportsbook, SportingBet Plc.

Stocks across the online gambling industry took a nose-dive with some companies dropping 10-20% during the day.

According to Port Authority Police, Peter Dicks was handcuffed in New York at JFK Airport on a warrant from Louisiana.

"He was picked up at 11:35 p.m. eastern time at JFK Airport on an active out-of-state warrant. He's being held by Port Authority police awaiting extradition", said Port Authority officials.

The arrest of Peter Dicks marks the 2nd major bust in the gambling industry this summer. SportingBet Plc. is well known for their online sportsbooks and their famous poker site, Paradise Poker.

September 8, 2006
Posted By Susan Torres
Staff Editor, CasinoGamblingWeb.com    Previous Page | Internet Gambling | Top Online Casinos | Submit News!