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Originally Posted by LiveDose
He was stupid to come back to the US.
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One thing David is not, is stupid.
He is an officer of BetOnSports plc, a multi-billion dollar public company with listing on the London Stock Exchange. BetOnSports is licensed and regulated in over 60 countries.
David is also a very articulate spokesman for the gaming industry and is well-aware of having protections in place to cover minors, client funds and generally an advocate for adopting good business practices within the industry. He has invited representatives of the US legislature to visit his company and inspect their methods of operation, particularly to dispelling myths propogated by several senators.
One issue he has addressed repeatedly in Washington is the stupidity in having gambling "illegal" and where this is pushed underground to the point where there are no controls and offer little protection for minors or clients.
Time will tell, but suspect this has nothing to do with BetOnSports or David Carruthers specifically, but more to do with the US having a judgement against them at the World Trade Organisation and where the government of Antigua - a place where David has interests - won for allegations of unfair trade practices. Some people can be bad losers.