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CZECH LOTTERY OPERATOR'S LICENCE SUSPENDED
Written On 5/12/11 By Recentpoker.com staff writer Emily Apontif :
Sazka failed to meet legal payment to winners deadlines in Sportka lottery.
According to reports in the online publication Czech Position.com, lottery operator Sazka's licence has been temporarily suspended by the Czech Finance Ministry.
The suspension was occasioned by the company's failure to meet legal deadlines for the payment of winners in the Sportka lottery, reportedly involving some 103.4m Koruna (GBP 3.74 million)
Sazka is a state organisation which is reportedly heavily in debt. The company can lodge an appeal within 15 days, or the suspension can be lifted if the prejudiced winners are paid in full, a ministry spokesman pointed out.
However, Sazka is now under insolvency administration, with some 1 800 creditors, including major organisations like the PPF and KKCG groups. The company encountered difficulties when it agreed to pay for the Prague arena that hosted many of the world hockey championship games in the Czech Republic in 2004.
In initiatives designed to fill the vacuum, many other Czech gaming companies have reportedly launched their own lottery games, with the Fortuna group planning to offer an instant scratch game from May 16.
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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