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EUROPEAN COMMISSION TO INVESTIGATE GREEK GAMBLING
The Greek state gambling monopoly OPAP's involvement of local police to shut down gambling group Stanleybet International's new Greek retail betting shops late last year has seen a sequel this week. The UK-based betting company reports that following its petitioning of the European Parliament on the issue, in which Stanleybet personnel were arrested, the European Commission has been asked to investigate.
The Stanleybet view is that OPAP’s practices run counter to Article 49 of the European Commission Treaty, which guarantees member-state companies the right to provide cross-border services. The company said in a statement earlier this year that it had taken legal action, after securing the reopening of its shops and the release of its personnel.
"We are determined to defend the creation of a regulated, fair and competitive sports-betting market in Greece," Stanleybet International spokesman Constantinos Maragakis said at the time.
In a statement this week, Stanleybet revealed that in January 2009 it had initiated a petition to the European Parliament's Committee on Petitions in which it detailed and complained about the events in Greece and the impact these had on both the company and its employees.
John Whittaker, Stanlelybet's chief executive, commented: "The Greek authorities' behaviour is clearly outrageous, and I am pleased that the European Parliament has decided to investigate. This behavior is all the more unacceptable and unfair given that OPAP, a private Greek company listed in the Athens Stock Exchange which abusively holds an exclusive right to offer sports betting services in Greece, has increased its own activity across state borders."
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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