UK supports Internet gambling, but USA wants to prohibit it
The value of online gaming companies in London went down in more than 1,000 million dollars, after the CEO of London-based BetOnSports was arrested, due to an operation developed by the FBI.
The decision taken by American authorities to arrest David Carruthers has generated a lot of uncertainty about casinos and the online sports betting industry, valuated in more than 18,2 million dollars, which has been one of the fastest growing business in London.
Financial organizations from Great Britain allowed that the industry migrated to this city in spite of the fact that shares of BetOnSports, as well as other online gambling companies, could have never quoted in the US stock exchange market due to the local restrictions.