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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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