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AUssie Court Vs Malta Online Casino

Euro 1 million embezzlement has created an intriguing legal and political situation
When an addicted gambler steals money from his employer in one country, and loses it gambling at an internet site in another, can that employer go after an online gambling operator based and licensed in another nation?
That's the interesting question posed by a decision from the Austrian courts in which an online casino based in Malta has been ordered to pay back more than Euro 1 million to an Austrian gambler after a court ruled that the online firm did not have a proper licence to operate.
The Austrian Independent newspaper reports a decision by a court in Graz, Austria has now been backed by the Austrian High Court, and could have profound implications for online gambling operators elsewhere in Europe.
The issue surfaced after an as yet unidentified 40-year-old male online punter's employer in Linz, Austria discovered that he had been stealing from the firm to fund his habit.
The court heard that the Austrian had realised he had a gambling addiction and had barred himself from Austrian-licensed online gambling sites, but had then succumbed to temptation and had started gambling with the Malta-based operator, which the newspaper did not identify.
The gambler is alleged to have embezzled around Euro 1 million from his employer to feed his action between June 2010 and April 2011 at the Malta-based online gambling operation.
When the fraud was discovered, the punter's employer launched litigation demanding the return of the cash by the Malta operator on grounds that the company did not have a licence recognised in Austria.
With an international tussle now developing that will inevitably involve elements of the European Union treaty, the punter remains at work on condition that he makes every effort to repay the company.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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