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GREEK DRAFT GAMBLING BILL ROLLED INTO FINANCE MEASURE?

Friday July 22,2011 : But passing the online gambling provisions could bring the Government into conflict with the European Commission
 
The Greek Government has reportedly rolled its new gambling proposals into a must pass financial bill, but the pass of the bill, and therefore the gambling aspects could bring the Government into conflict with the European Commission.
 
The Greek Government proposals for online gambling ran afoul of the European Commission earlier this year  and technically if the Government implements the new gambling laws despite the European Commission's objections it could be hauled up on infringement charges and find itself in front of the European Court of Justice.
 
EurActive.com reports unnamed sources who claim that the Greek parliament's upcoming agenda includes a vote on the draft law, which has been conveniently tucked into an omnibus finance bill scheduled for approval from 5-8 August.  The European Commission is presumably watching these developments with interest.
 
"The [Greek] government is leaving itself exposed to complaints and infringement proceedings afterwards if they decide not to make the much-needed changes," a spokesperson for Betfair said.
 
"Greece may well think that [the gambling plans] are part of a wider range of things which Europe is pushing them forward on. Our chances of getting them to slow it down are pretty slim," said Clive Hawkswood, chief executive of the Remote Gambling Association.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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