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Greek Betting Battle
A Greek betting barney appears to be imminent following a statement this week from UK-based fixed odds gambling group Stanleybet International confirming that, in defiance of the Greek monopoly on gambling held by OPAP, it has opened up two betting shops in the country.
OPAP Chief Executive Christos Hadjiemmanuil was quick to react, telling the Reuters news agency that this was the first time that anyone had challenged his firm's monopoly, and that he would be initiating legal action.
Stanleybet's mid-week statement revealed that it had expanded into Greece by opening two stores, despite OPAP claiming exclusive rights on sports betting and lotteries in the country until 2020 under Greek law.
The company cited EU legislation in making its move, saying: "According to articles 43-49 of the European Charter, Stanleybet International has the right to offer its services to the European Union member states, even if a member state sets monopolistic barriers."
Hadjiemmanuil said that Stanleybet had requested a licence to operate in Greece in 2005 but that a ruling by the country's highest court, the Council of State, was still pending and he was therefore certain that Greece would protect OPAP rights.
OPAP operates some 5 500 outlets in Greece and Cyprus which produced sales of Euro 5 billion last year. Stanleybet currently offers sports bets, mainly on soccer events, in Cyprus, Germany, Italy, Belgium, Croatia, Romania and Poland through more than 1 500 outlets.
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
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 -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
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.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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