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Betsson Closes Swedish Land Betting Shop

12/22/09 - The spunky defiance of Swedish online gambling group Betsson in opening a land betting shop in Stockholm in the face of gaming authority threats has ended, eighteen months after it began.
This week the group closed its betting shop in Stockholm following an adverse decision by the Swedish Administrative Court of Appeal (Kammarrätten) and the threat of 2.5 million kronor ($343 000) in fines.
The company's management said they were left little alternative but to close after the court ruled that the fine would stand even if the company appeals the judgement to the Supreme Administrative Court (Regeringsrätten).
For the Swedish Gaming Board (Lotteriinspektionen) it is a victory and a vindication of its claims that the Betsson office has been in violation of Swedish gaming law all along.
Betsson management, which has consistently claimed that its betting shop presence was legal in European law, superceding Swedish law, was clearly disappointed in the ruling.

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"We are extremely surprised by the Administrative Court of Appeal's ruling," md Pontus Lingwall told the Swedish newspaper The Local.
"We believe that the Swedish state is in violation of EC legislation when it prevents a private gaming company from operating in Sweden at the same time that the State's gaming enterprise aggressively markets its activities. We will therefore appeal the decision."

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Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

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