David Carruthers

David Carruthers (born September 1957 in Edinburgh, Scotland) is a British businessman who was the CEO of online gambling company BETonSPORTS plc from July 2000 until July 2006. He was arrested in the United States on 16 July 2006 on charges related to his role as CEO of the company. He was subsequently convicted of racketeering conspiracy, and sentenced to 33 months in prison. Career Born in Edinburgh in Scotland, he attended art college before joining Ladbrokes Plc, the UK's largest retail bookmaker in 1976, where he became the youngest betting shop manager at the age of 19. During a twenty-four-year career with Ladbrokes, Carruthers graduated with an MBA from the University of Wolverhampton and rose to manage business development strategy for Ladbrokes shops in West England. He managed around forty of the business's then 1,900 high street betting shops, managing the Midlands and south Wales territories. BETonSPORTS plc In July 2000, while it was still a privately held company, Carruthers was appointed as CEO of BETonSPORTS, and tasked with bringing the company to a stock market listing.