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 Michael Barry Tabor (born 28 October 1941) is a British racehorse owner. As a partner in Coolmore Stud, he is one of only four racehorse owners to have won both the Epsom Derby and the Kentucky Derby. Tabor has extensive business interest ...

. It provides services such as

sports betting Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a sportsbook or bookmaker (colloquially known as "bookies"), or illegally through priva ...

and

online casino Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. It is a prolific form of ...

History

The company was founded by William Chandler, the proprietor of

Walthamstow Stadium Walthamstow Stadium was a Greyhound racing in the United Kingdom, greyhound racing track in the London Borough of Waltham Forest in east London.BBC News - Walthamstow race track to close' It was regarded as the leading greyhound racing stadium ...

, a greyhound racing track located in the

London Borough The London boroughs are the current 32 districts of England, local authority districts that together with the City of London make up the administrative area of Greater London, England; each is governed by a London borough council. The present ...

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,

, 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 ''Bild'' (, ) or ''Bild-Zeitung'' (, ) is a German tabloid newspaper published by Axel Springer SE. The paper is published from Monday to Saturday; on Sundays, its sister paper '' Bild am Sonntag'' () is published instead, which has a differen ...

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 White label may refer to: * White-label product, a permitted replication and rebranding of a product * White label record, records with plain white labels attached. * White Label Music, an independent record label based in the United Kingdom * ''Wh ...

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 Talksport (styled as talkSPORT) is a sports radio station in the United Kingdom and Republic of Ireland, owned by News Broadcasting. Its content includes live coverage of sporting events, interviews with the leading names in sport and entertai ...

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 Social responsibility is an ethical concept in which a person works and cooperates with other people and organizations for the benefit of the community. An organization can demonstrate social responsibility in several ways, for instance, by do ...

, 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 Jordi Alba Ramos (; born 21 March 1989) is a Spanish professional Association football, footballer who plays as a left-back for Major League Soccer club Inter Miami CF, Inter Miami. He is often regarded as among the best full-backs of his genera ...

and

Sergio Busquets Sergio Busquets Burgos (, ; born 16 July 1988) is a Spanish professional footballer who plays as a defensive midfielder for Major League Soccer club Inter Miami. A deep-lying playmaker capable of directing gameplay through short and calm passe ...

. 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