French online gambling mogul arrested

<p>The news about the arrest of the owner of a French <strong>online gambling </strong>company brought shockwaves to all <strong>online gambling</strong> enthusiasts and operators as well.<br /><br />The Chief Executive Officer (CEO) of Unibet, Petter Nylander, was arrested in the Netherlands two weeks ago for breach of French laws.&nbsp; The arrest came as a surprise and a sense of irony to the situation as recently the French&#39;s Interior Minister declared that France was ready for international competition for <strong>online gambling</strong>. &nbsp;</p><p><br />Unibet made in a statement that it is &ldquo;outraged&rdquo; by the arrest but will continue to do business as usual.&nbsp; This British-owned online gambling company has been facing adversities from other gambling companies such as Francaise des Jeux, and its horse betting counterpart, PMU.&nbsp; The competition stresses that Unibet prevents other companies to actually operate online games in France.<br /><br />The monopoly claim of Unibet&#39;s competition has only made it worse for the big company. The impact of this arrest can only be predicted.&nbsp; <strong>Online gambling</strong> has been in hot water since it exposed itself.&nbsp; We can only hope that the truth will come out.&nbsp; </p>