Former owner of BetVictor, Victor Chandler was in charge of the company.

Victor Chandler, who is widely known as the “Godfather of Gambling” or the “Indiana Jones of Gambling,” was born into a family that was heavily involved in the gambling industry. Chandler was one of the first bookmakers to decide to relocate his operation overseas and use the internet to develop his company. He inherited a bookmaking enterprise from his father, who was one of the earliest bookmakers in the United States.

If you are interested in learning more about Victor Chandler and how he was able to save his father’s failing company, feel free to browse through this in-depth biography that we have provided for you.

The First Few Years

On April 18, 1951, Victor Chandler was born in the county of Essex in England. It was well known that his great-grandfather was a skilled bettor who participated in horseraces. The Walthamstow Stadium dog track, which opened in 1933, and BetVictor, which opened in 1946, are both examples of extremely successful businesses that are centered on gambling. His grandpa created both of these businesses. His grandfather took advantage of a change in the law that took place in 1961 and founded a network of betting shops that were situated all throughout England and the rest of the United Kingdom. These businesses were also given the name BetVictor. His family was really interested to see whether he would follow in their footsteps and pursue a career in the gaming business due to the fact that gambling was in his blood.

A significant number of Chandler’s early recollections center on various forms of gambling. His father would often take him to the horse racetrack at Brighton, Fontwell, and Plumpton, and at the age of eight, he was able to put his first wager at one of these venues. Even though he lost the very first wager he ever put, he really enjoyed being able to participate in the activity with his father. When they weren’t at the track, his family’s notion of a good time was to gather around the dinner table and play games like five-card stud poker and seven-card rummy. The winner of each game would get a couple of British pounds as a prize.

Chandler was a student at Highgate School, but he was expelled after being found skipping class three times in a row by jumping out of a window. Fortunately, his father was able to negotiate a deal with the headmaster of the Millfield School, who agreed to allow Chandler enter the school on the condition that his father would erase some of his gambling debts. Chandler was able to enroll at Millfield. This is the kind of arrangement that Chandler’s father was continually making with him in order to keep him out of trouble.

Chandler was allowed to graduate from Millfield School in 1969 despite having a few disciplinary actions taken against him and having mediocre academic achievement. However, he did not immediately pursue a career in the gaming industry. Instead, he uprooted his life and relocated to Switzerland so that he could enroll in the Swiss Hotel Management School and pursue his dream of working in the catering industry. He found that the ones that required him to do a lot of hands-on work were his favorites. Even yet, he was never able to coax himself into attending them on a consistent basis, and as a result, he was finally expelled from the program.

His fallback strategy included moving to Spain and getting a job in the real estate industry there. He was given the appropriate instruction for the work and even managed to make a respectable profit on the sale of a few properties.
Chandler’s life seemed to be heading in a positive direction until he got a phone call alerting him that his father had a particularly severe type of cancer. After hastily gathering his belongings, he hurried back to his house, where he discovered that his father had just died away.

Taking Control of the Family Enterprise

Chandler relocated back to his childhood residence in order to look after his mother and his two younger sisters, all of whom were still enrolled in high school at the time. He gave his word that he would run the family firm, despite the fact that it was in deep financial problems. Chandler was prepared to leave the firm after around two years of reducing expenditures and seeking for methods to develop it. Chandler was ready to depart.






Leave a Reply

Your email address will not be published. Required fields are marked *