Unibet CEO Extradited to France

Detained Unibet CEO, Petter Nylander, is to be extradited to France early next week according to a Reuters wire report.  Nylander is currently being held in Holland.  He faces questioning into an alleged breach of French betting laws, judicial officials said on Wednesday.

Nylander was detained by Dutch authorities on Monday after a French judge issued a European warrant for his arrest, angering the company and drawing criticism from the European Commission.

A Dutch court spokeswoman said Nylander was not opposing his extradition. He is expected to be transferred to France on Monday.

"What we understand from our contacts with the French government and with the judicial representative ... that they will expedite it quickly and release him," Unibet Chief Financial Officer Ragnar Hellenius told Reuters.

The judge, from a court in the Paris suburb of Nanterre, was acting on a complaint by French lottery monopoly Francaise des Jeux and horserace-betting monopoly PMU that Unibet breached 19th-century laws protecting state-owned monopolies.

A French government source said on Wednesday it had planned to ask the two companies to withdraw their complaint but was unable to confirm whether this had been done.

Unibet Group plc is a company incorporated in Malta with registered number C 39017. Unibet is certified by G4, Global Gaming Guidance Group, complying with their Code of Practice in relation to responsible gambling. Unibet is a member of European Betting Association. Unibet was founded 1997 and is since June 2004, Unibet is listed on Swedish Stockholmsbörsen.

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Gambling911.com News Wire

Originally published October 25, 2007 9:51 am ET