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SPANISH GAMBLING GROUP IN AGGRESSIVE LEGAL MOVES
02/12/2012 : Codere is making few friends with its series of injunctions against potential competitors
The Spanish gambling group Codere appears to be intent on whittling down potential competition in its newly liberalised and regulated home market, launching a series of legal actions seeking injunctions against prominent online gambling operators.
Targets have included the Austrian publicly listed group Bwin, online poker giant Pokerstars and sports betting group Sportingbet.
Codere's take on the situation appears to be that companies that accessed the Spanish online market pre-liberalisation gained an unfair commercial advantage over the land-based Spanish group, which was obliged to eschew internet operations at the time.
Now that Codere is free to compete, it seems to be seeking some sort of redress in the form of requiring pre-liberalisation operators to start all over again, and even pay some sort of deferred taxation.
Codere's laywers have achieved some success, using a decision from a Madrid court to make Spanish ISPs block access to Sportingbet's Miapuesta website and reportedly managing to disrupt the company's financial transactions. Sportingbet, which is still fighting the action, had to cough up around Euro 2 million as a deposit to ease the injunction and continue the debate in court.
Pokerstars fared better when a court in Barcelona declined to play the Codere game, leaving the Spanish group with the option to appeal the decision if it wished.
Gambling News :
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Betradar Launches US Sports Betting Solutions -
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Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
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MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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