The Racing Post has reported that BetVictor has been acquired by racecourse owner Michael Tabor.
The purchase have been approved by Gibraltar regulators. Price hasn't been disclosed.
Founder Victor Chandler will step down as chairman. CEO Michael Carlton will also step down after the transition is complete.
Tabor must know BetVictor pretty well...he was one of the founding shareholders. He had this to say of the purchase...
Hopefully Tabor's new management is as big on live games as Chandler's was!I believe the BetVictor brand has enormous potential and is well placed to continue its expansion with further investment and strategic development
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