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Chandler and CEO step down as Tabor takes over BetVictor

23rd May 2014 3:35 pm GMT

Founding shareholder Michael Tabor has agreed to take over full ownership of Gibraltar-licensed operator BetVictor, with Victor Chandler stepping down as the company's founder and chairman, alongside long-serving CEO Michael Carlton.

The operator announced that it had completed a restructuring of its holding company, which saw Tabor, already the holder of a 45 per cent stake in the business, acquire full ownership of BetVictor for an undisclosed sum.

As a result Chandler, who has led the company [...]

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