Betsson still challenging Swedish state monopoly


The feisty move by Swedish online gambling company Betsson to challenge Swedish monopolistic practice by opening a land betting shop in Stockholm continues to generate headlines. This week the company announced that it has decided to appeal against the County Administrative Court's ruling regarding the betting shop to the Administrative Court of Appeal. Betsson has consistently asserted that it believes the shop - opened six months ago - complies with European Union law.

On November 7th 2008 the County Administrative Court of Södermanland rejected both Betsson's appeal against a Lottery Inspection injunction and a request to obtain a preliminary ruling from the European Court of Justice. This was decided despite the fact that Swedish prosecutors and public courts, including the Supreme Court and Svea High Court, have found the Lottery Act not to be applicable until the Swedish gaming monopoly has been fully considered by the ECJ.

Betsson has therefore decided to take its appeal to the Administrative Court of Appeal.

"We have to appeal given the juridical situation. As the state now risks a claim for damages, the Lottery Inspection and the Country Administrative Court [are gambling] with the taxpayer's money." said Pontus Lindwall, CEO Betsson.

"Since we are pleased with the outcome of the shop we have no intention to shut it down. In addition to placed bets, which continuously have increased during the autumn, the shop gives us a possibility to meet with our customers and give them a unique service. We already have a number of regular customers who appreciate the possibility to place bets with better odds in a physical environment." said Lindwall.

Betsson AB´s core business consists of investing and administer companies within the gaming business. Betsson AB owns Betsson Malta Ltd which operates games for end customers, via the websites Betsson.com, Casinoeuro.com and Cherrycasino.com. Betsson Malta Ltd offers Poker, Casino, Betting Exchange, Sports Betting, Lottery, Bingo, Games and Betsson Trader. Betsson AB is listed on the Nordic List in Stockholm, Mid Cap (BETS).

Betsson's legal counsel, Ola Wiklund confirmed that the company would exhaust all possible avenues of appeal on the matter and intended to "take it all the way".

General Gambling News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

2mins ago someone from United States read 3Dice Casino review

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

Casino Of The Month

Casino of the Month

In the last 24h

Totals

  • New Members
    21
  • Members Online
    354
  • Guests
    1,836
Highest Community Rated Online Casinos
NextCasino
  (152 Ratings)
Bet365 Games
  (165 Ratings)
Unibet Casino
  (133 Ratings)
CasinoLuck
  (218 Ratings)
Betsson Casino
  (210 Ratings)
Spin Palace Casino
  (117 Ratings)
Betsafe Casino
  (181 Ratings)
Mr Green Casino
  (281 Ratings)
Redbet Casino
  (147 Ratings)
Guts Casino
  (174 Ratings)
Slotty Vegas
  (111 Ratings)
Sin City Casino
  (99 Ratings)
32 Red Casino
  (305 Ratings)
Vera John Casino
  (176 Ratings)
Winner Casino
  (340 Ratings)
Intertops Red Casino
  (121 Ratings)
BETAT Casino
  (191 Ratings)
ComeOn Casino
  (237 Ratings)
Liberty Slots Casino
  (183 Ratings)
Thrills Casino
  (132 Ratings)
Casumo
  (135 Ratings)
24hBet
  (27 Ratings)
Intertops Casino Classic
  (109 Ratings)
Ladbrokes Casino
  (155 Ratings)
Osiris Casino
  (33 Ratings)
Tetraplay Casino
  (27 Ratings)
Royal Vegas Casino
  (132 Ratings)
Jetbull Casino
  (103 Ratings)
Vegas Red Casino
  (190 Ratings)
3Dice Casino
  (250 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus