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GREEK SOLUTION IN SIGHT
Could it be that the Greek government's policy of restricting access to its gambling market is about to undergo a change? That was the question on Internet gambling observer's lips this week as Greek media reports from reputable publications like the Greek Herald and Reporter Net carried a brief story on a meeting scheduled for next week between European Commission enforcement chief Charlie McCreevy and Greek economic minister George Alogoskoufis.
The reports speculated that the get together is taking place in an attempt to prevent European Court of Justice charges against the Greeks concerning state gambling monopoly OPAP's status.
Recently, OPAP President Chatziemmanouil has been quoted as saying that he has not ruled out the possibility that changes in OPAP’s monopoly status could take place in the future. His comment has been echoed by government sources, who have hinted at the possibility of changes to Greek gaming legislation aimed at bringing it closer to the European model, but warned that it would not open an "unregulated market".
The EC has no problem with regulation per se, as long as it is not discriminatory against companies in other EU nations and does not hinder the free passage of trade and services.
If there is no change in present policies the Greek government, in company with 9 other EU member states could face legal action in the European Court of Justice following repeated warnings by the Commission on monopolistic and protectionist conduct. France has already signalled a positive change after discussions in Brussels and Paris, and other nations are known to be reconsidering their positions.
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Gambling News :
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.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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