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BACK TO THE DRAWING BOARD FOR ITALY
The Italian government has lost a lengthy European Court of Justice case on horseracing concessions which compels it to launch a public tender in respect of 329 licenses by the end of 2008.
Agipronews reports that the ECJ ruled against the state's renewal of 2000 to 2005 licenses because these had not been offered for public tender. Worth up to $1.86 billion in bets last year, the licenses cover some 59 percent of the overall horserace betting market and are currently held by Snai SpA and Sisal.
In January this year the Italians accepted a European Commission requirement to use tender processes to more fairly offer licenses across EU member states.
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Gambling News :
Pokerstars Bahamas Main and High Roller Results -
The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.
High Hopes For Pennsylvania Online Gambling -
Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.
NJ Warns No Federal Online Gambling Ban -
New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.
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