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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.
"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."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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