BetVictor, founded in 1946, is an online gambling company based in

Gibraltar Gibraltar ( , ) is a British Overseas Territories, British Overseas Territory and British overseas cities, city located at the southern tip of the Iberian Peninsula, on the Bay of Gibraltar, near the exit of the Mediterranean Sea into the A ...

, owned by British businessman and racehorse owner Michael Tabor. It provides services such as sports betting and online casinos.

History

The company was founded by William Chandler, the proprietor of Walthamstow Stadium, a greyhound racing track located in the London Borough of Waltham Forest in East London in 1931. Victor Sr. and Jack took over the bookmaking business following William Chandler's passing in 1946. Victor Sr. died unexpectedly in 1974, and his son Victor Jr., who was then employed in the hospitality industry in

Spain Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ...

, assumed control of the business. In 1998, the headquarters relocated to Gibraltar to avoid the UK’s gambling taxes. The company underwent a rebranding in 2004, changing its name to "VC Bet," but eventually reverted to "Victor Chandler" in late 2008. In 2012, to ensure consistency and recognition across international markets, the company underwent another rebranding and adopted the name "BetVictor". In May 2014, Michael Tabor, a businessman and major shareholder of Victor Chandler International, assumed control of the company. In September 2021, BetVictor disclosed its collaboration with Quantum Metric, aimed at advancing and enhancing consumer-centric products.

BetVictor business-to-business

In 2020, German newspaper BILD confirmed that it had started a cooperation with BetVictor to launch ''BildBet''. Later in 2020, BetVictor made an agreement with Parimatch to be their white label provider in the UK. On September 9, 2021, BetVictor announced a partnership with

Global Media & Entertainment Global Media & Entertainment Limited, trading as Global, is a British media company formed in 2007. It is the owner of the largest commercial radio company in Europe having expanded through a number of historical acquisitions, including Chrysa ...

to relaunch ''HeartBingo'', their UK gaming brand. In August 2022, BetVictor partnered with talkSPORT to launch a new UK sports betting brand, ''talkSPORT BET''.

Regulatory actions

In February 2022 BetVictor faced a £2 million (€2.4/$2.7 million) regulatory action after the UK Gambling Commission investigation revealed fairness, social responsibility, and anti-money laundering failures. The operator will pay the money as part of a settlement with the commission, and the settlement money will go to the National Strategy to Reduce Gambling Harms. In 2023, the UK Advertising Standards Authority investigated a BetVictor Facebook ad featuring images of

FC Barcelona Futbol Club Barcelona (), commonly known as FC Barcelona and colloquially as Barça (), is a professional Football club (association football), football club based in Barcelona, Catalonia, Spain, that competes in La Liga, the top flight of ...

players Jordi Alba and Sergio Busquets. They ruled that the advert had breached the

code of practice A code of practice can be a document that complements occupational health and safety laws and regulations to provide detailed practical guidance on how to comply with legal obligations, and should be followed unless another solution with the same ...

as it was likely to have a strong appeal to under-18s.

References

{{DEFAULTSORT:BetVictor Bookmakers Online gambling companies of Gibraltar