UKbetting buys Ritz Club
Print storyClosed down Wednesday, bought Friday
Posted in Financial News, 29th September 2006 14:21 GMT
Understand how application security is evolving
Online gambling website www.theritzclublondon.com - part of the Barclay brothers' Ritz Hotel empire - has been bought by ukbetting plc.
The Ritz Club announced on Wednesday it was withdrawing from the business because of fears of continued action by US regulators. Authorities in the state of Louisiana this week confirmed they had drawn up warrants for several gaming executives.
According to a statement sent to the London Stock Exchange, ukbetting is paying an undisclosed amount for the site. It will have no connection with either the Ritz Club or Ritz Hotel.
The site should be available already and customers will "continue to enjoy the same principles of quality customer service in a luxurious and stylish environment".
Gaming company share prices have been hit hard by the recent arrest of several executives by US and French police. ®
The future of SaaS and IT infrastructure management
Can Outsiders Enhance Exchange?
The Total Economic Impact of Dell's PC products and services
The best practices guide for application security
Reducing messaging and web security costs with managed services
Win a Samsung C6625!
Is your cameraphone an oxymoron?
Reg Mobile and Wireless newsletter is go! go! go!
Sign up, sign up for The Register IT security newsletter