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Mark Blandford, the founder of the online betting group Sportingbet, yesterday raised £6.5m from selling nearly 💪 17 per cent of his stake in the business.
Mark Blandford, the founder of the online betting group Sportingbet, yesterday raised 💪 £6.5m from selling nearly 17 per cent of his stake in the business.
Mr Blandford said, however, that he remained committed 💪 to the company and had sold some of his holding in Sportingbet only as a means to spread the risk 💪 of his personal assets.
"I have had more than 90 per cent of my wealth tied up in one company for 💪 more than eight years. This is just a tiny readjustment of my assets. I am still absolutely committed to Sportingbet 💪 and its continued success," he said.
