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Ladbrokes lambastes Swedish monopoly recommendations
UK gambling group Ladbrokes let the Swedes know how it feels about the recent recommendations on monopoly reform in no uncertain terms this week, putting out a strongly worded statement on the issue.
The statement slammed the Swedish National Gambling Consultation on online gaming recommendations as ‘protectionist’ and anti-competitive in nature.
The recommendations suggest more competition for state-owned Svenska Spel in terms of opening up sportsbetting to some extent - but not horseracing, casino, poker, bingo and lotteries - leaving these the exclusive preserve of the state monopoly
John O'Reilly, Managing Director of Remote Betting and Gaming for Ladbrokes said in the statement: "This is a last-ditch attempt to avoid a referral to the European Court of Justice for Sweden's protectionist and unfair betting and gaming laws and yet, even now, the report seeks to extend the reach of the monopoly to cover online gaming including poker and bingo and further enshrines protection in land-based lotteries, slot machines, casinos and horseracing.
“None of the European Union principles of proportionality or free and fair competition across borders have been taken into account in this paper. It is more monopoly, not less. The impact will be to protect government revenues, penalise competitors and ensure a negative effect on the consumer."
"All operators like Ladbrokes ask is the ability to compete on a level playing field,” O’Reilly added. “We see no reason why Ladbrokes cannot abide by Swedish regulations as well as any monopoly operator. That's what a licensing and regulatory system should ensure.”
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
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Sensational Sixes Slot Goes Live -
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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