Court stops BetOnSports – Antigua sale
The British-based Internet gambling company whose former chief executive is under house arrest in the U.S. on racketeering charges, said Monday that a Caribbean court ruled that it may not sell its Antiguan operations. 
The Eastern Caribbean Supreme Court in the High Court of Justice Antigua made the ruling and has ordered BetOnSports to provide an account to the Financial Services Regulatory Commission of all of its assets, the company said in a statement. BetOnSports said in August that it planned to stop operating in Costa Rica and Antigua — from where it accepted wagers from tens of thousands of customers in the United States — as soon as possible following a U.S. federal court order for the company to stop taking bets from the country. President Bush on Oct. 13 signed into law a measure that cracks down on Internet gambling companies and banks that transfer bets placed on the Internet. BetOnSports said the decision to stop operating in Costa Rica and Antigua would allow it to gain more sales from outside the United States, in Europe and Asia, to help it pay creditors. 
In July, the company’s former chief executive David Carruthers was arrested at a Texas airport and a 22-count indictment was unveiled in St. Louis, Mo., alleging fraud and racketeering against the company. A federal court also ordered the company to stop taking U.S. bets and return deposits paid by American bettors.