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StanleyBet Fighting Greek Authorities

Thursday May 30, 2013 : STANLEYBET FIRES AT GREEK AUTHORITIES
 
Focuses on license application rejection to offer offline sports betting services
 
The Stanleybet Group has served a formal deed of warning and demand, otherwise described as an extrajudicial declaration, to the Minister of Finance, the Minister of Education, Religion, Culture and Sports, the Hellenic Gaming Commission, OPAP S.A. and the Hellenic Republic Asset Development Fund.
 
Giving notice to the Greek Prime Minister, Court of Auditors and other bodies and authorities, the Group is seeking compensation of damages suffered "as a result of the tacit rejection by the Greek Authorities of the Group’s petition for a betting license to operate in Greece and the resulting denial of access to the market place".
 
The group is demanding compensation from OPAP S.A. of the damages it says it has suffered as a result of its exclusion from the Greek market caused by OPAP S.A's gambling monopoly over the years.
 
Stanleybet has actively contested breaches of EU law both nationally and throughout Europe saying it defends its legal and fundamental right to establish and provide services in the Greek sports betting market - a practice it has been fighting for since 2004.
 
The firm’s position was strengthened  by a recent ruling by the Court of Justice of the EU (CJEU) of 23 January 2013, Case C-186/11 Stanleybet et al, which highlighted the inconsistencies of the Greek sports betting monopoly within EU law.
 
Stanleybet said had its betting licence application to Greek authorities in 2004 not been rejected, its network of 100 new betting shops would have risen to 500 by the end of 2008. The company estimates that gross revenues during the period from 2008 to 2012 would have reached Euro 59 million per annum.
 
In support of its position, Stanleybet has demanded compensation of around Euro 240 million from the Greek State and OPAP S.A.
 
“As is evident by a constant stream of legal actions the entire gambling industry is taking against the Greek State and against OPAP S.A., the increasing number of complaints at European Commission level, and the most recent CJEU ruling, the Greek Authorities seem resolved to maintain an illegal framework benefiting a company that is now 99 percent private”, said John Whittaker, chief operating officer of the Stanleybet Group.
 
“Stanleybet has an established track record of successful legal battles and with this action it is legitimately stating its intention to claim its legal rights to be compensated from losses incurred by being illegally barred from entry in the offline sports betting market in Greece for an exceptionally protracted length of time”, Whittaker concluded



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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