|News that offices of Sportingbet in Taiwan have been raided as part of a crack down on I-gaming by local authorities has been denied. |
Sportingbet was rumoured to be expanding its customer base into the Taiwan market through 101 Sports, an Asian content supplier working for the group. However a current campaign in Taiwan seeking to stamp out unregulated online gambling is believed to have led to the offices of 101 Sports being raided by interior ministry officials.
Though Sportingbet is associated with 101 Sports and admitted there were plans to promote their services on the island, the London based I-gaming company denies that it had any other connection to Taiwan. Nigel Payne, chief executive: 'We do not have any business in Taiwan and we do not have any intention of having one.'
The company continued to declare that only its Chinese language based website operated from London had any contact with Taiwanese customers. Since the incident Mr Blandford, founder and executive vice-chairman has admitted that Sportingbet will have to seriously reconsider plans to market its services in Taiwan.
Nevertheless Sportingbet sound determined to tap the Taiwan market. Mr Blandford: 'We believe Taiwan is the second largest market for gambling on baseball and basketball in the world, second only to the US. Now we will take legal counsel and will have to rethink our plans.'