After the introduction of the U.S. Unlawful Iternet Gambling Enforcement Act lots of online gaming companies suffered huge losses, not only financial, but also human ones. So, now Mark Blandford and Bob Holt are reported to have quitted Sportingbet. That happened in spite of the fact that the company operated rather successfully. Its gross profit in the three months preceding October, 2006 amounted to £31.7 million. As the company’s officials claim, they have agreed to reduce the size of the board for the sake of business efficiencies.
According to some rumors Mark Blandford and Bob Holt are pursuing other projects with Sean O’Connor, senior independent director.