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OPAP's exclusive deal could be in trouble
Wednesday April 23 ,2014 : GREEK GOVERNMENT CHANGING TACK ON SPORTS BETTING MONOPOLY?
OPAP's exclusive deal could be in trouble.
With the European Commission breathing down the Greek government's neck, the Emma Delta-owned Greek gambling group OPAP could find its sweet monopolistic online sports betting deal somewhat diluted.
Reports from Athens indicate that just before the Easter break the government introduced amendments to its gambling law in a bid to stave off Commission action.
The amendments, which have been submitted to parliament by Finance Minister Yannis Stournaras, include permission for payment processing companies based in the European Union to operate in the Greek market, lifting previous nationalistic restrictions.
They have also resulted in the apparent deletion of references to OPAP's exclusive arrangement on internet and mobile sports betting after the betting company appeared to have been given an exclusive deal (see previous InfoPowa reports).
That, and the government's attempt to cancel online gambling transitional licenses to 24 of the major companies in online gambling, provoked a storm of protest which the amendments may now have mitigated.
Observers have noted that, whilst the current issue is focused on sports betting, it is being assumed that the changes being made will also apply to online casino and poker activity, heading off any monopolistic attempts in that direction as well.
For now at least, it’s business as usual for the big operators who have obtained .gr licensing, as the political and legislative moves unfold.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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