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Swedish Online Sportsbook Hopes to Raise $147m - 02-22-08 |
February 22 - One of the most successful online gambling operations in Europe,
Swedish online sportsbook, Unibet, is hoping to raise at least $147
million when it lists on the OMX Nordic Exchange Stockholm this week.
Unibet boasts over two million players in more than 100 countries. It made news
headlines last year after its CEO, Petter Nylander, was arrested while on
transit at Amsterdam's Schiphol airport, and later transferred to France.
Nylander was arrested under an EU warrant issued by France alleging that Unibet
was in breach of old (and monopolistic) French gambling laws.
He was later released on bail by a Paris court of law, and seemed to be publicly
vindicated after a European Commission spokesperson claimed that Nylander had
been wrongly arrested and detained by French authorities.
Said Nylander about his experience, 'I spent had 48 hours in a Schiphol prison,
followed by a week under house arrest in Amsterdam, before being transferred to
Paris. I can say that prison was the worst accommodation I've ever experienced
as a businessman, and helped me appreciate even average hotels.'
In 2007, Unibet acquired Maria Holdings, the biggest online bingo operator in
Scandinavia. The Swedish online sportsbook is a member of the European Gaming and
Betting Association, the Remote Gambling Association in the UK and is certified
by the Global Gaming Guidance Group.
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