22nd of November 2012 Author: Johnny Karp
Football betting fans have reasons for joy as a new site that will cater to their needs hit the market this week under the name Bets of Mates.
The Leeds-based company focuses on groups of friends who gamble against each other in a league. It is authorized by the UK Gambling Commission and it was co-founded by a former City Trader with UBS John Hughes, a professional footballer Dave "TY" McGurk and business development manager Adam Haywood.
Hughes is also known by working alongside convicted "master fraudster" and rogue trader Kweku Adoboli who has been found guilty of what is termed "British History's biggest fraud" which cost UBS $2.3 Billion. The trial implicated Hughes who was allegedly aware of the fraudulent trades but failed to inform the management of them; however, as he was dismissed, he decided to begin work on the site.
Commenting on this, Hughes said: "Obviously, I've been without a job. I thought it [the website] was a good idea. My best mate is a professional footballer and he's invested in it."
In addition, asked to "pass comment on whether it's appropriate" for a man so closely linked to Britain's biggest ever fraud loss to be running a betting site", Hughes responded: "It's not as though it's the first gambling website, it's an appropriate use of my skills, hopefully."
General Gambling News
11th of November 2013
10th of July 2012
21st of March 2019
17th of January 2019
18th of February 2019
16th of February 2019
Join Now for full access
Disclaimer Contact Us Privacy Terms and Conditions Gambling Help Site Map
LatestSportsBonuses.com © 2006-2019