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The Maven: Vice's Vexing Day

 

From the time The Business Maven was a little kid, he has wanted to start an addictive-products mutual fund. My thought was that between drinking, smoking, gambling and all the other sorts of bad behavior that are hard as heck to stop, there was money to be made.

So it was with some surprise that I read about online gaming stocks in the London markets making some big-ticket tumbles. BetOnSports, PartyGaming, 888 Holding and Sportingbet were down between 6% and 20%. The news was an emerging legal morass, or maybe just an emerging public-relations mess masquerading as a legal mess.

David Carruthers, the CEO of BetOnSports, was detained by U.S. authorities while catching a connecting flight from the U.K. to Costa Rica, where the company has operations.

Don't you hate when that happens? ...

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