Online Casinos Speculate on Third
As far as clear and true information, as it relates to the online casino
gambling industry, there is very little way for the industry at large to sort
through the copious amounts of both false and true claims. The most recent
information however, concerning the ownership of Casino Affiliate Programs (CAP)
seems to at least be based in fact – although the third party has not spoken for
himself in this situation. Lou Fabiano, the owner and confirmed majority
shareholder in the company has released the details about the rest of the
ownership in this online casino gambling company.
According to Fabiano’s recent communications he has maintained a 40 percent
control over his company throughout the years. Warren Jolly now holds 30 percent
stake in the company and the remaining shares are held by a relatively unknown
name in the online casino gambling industry. Raj Lahoti apparently holds the
additional 30 percent stake in the company.
Lahoti is an interesting part of this little puzzling situation that has
descended on the online casino gambling industry. According to Fabiano’s
information, “Raj is not related to Warren though they have been acquaintances
for years.” Fabiano’s statement goes on to note that Lahoti is interested in
selling his shares in the company but will likely wait because the company has
been so devalued over the past several months as a result of this debacle.
Additionally, part of the reason Lahoti has not participated in the
communications going out to the shareholders and online casino gambling industry
at large is due to his reluctance to involve himself in the ongoing scandal. |