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Online Casino Affected by US CrackdownSeptember 30, 2006, 11:24 pm (5 years ago)The decision for the UK-listed gambling company boss to quit the business has followed quickly after the former chairman of Sportingbet and chief executive of Betonsports were arrested amid allegations of breaking US gaming laws.
Fears that top executives at internet gaming firms could be arrested in the US has led to the resignation of World Gaming chairman, James Grossman. A non-executive director at the firm, Clare Roberts, has also resigned. World Gaming is listed on London's Alternative Investment Market and operates largely out of Antigua. A World Gaming spokesman said, “Clearly they've got other business interests and they've got to be able to go to the US to be able to carry on their other business interests.” Of course they can go east or west, but they can’t wither the feature-packed Online Casino industry!
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