Online Gambling Companies Apply Pressure on European Commission

Submitted by Gilbert Horowitz on

Written by :

Gilbert Horowitz

Published on :

A number of online gambling companies are pushing the European Commission pressure member nations like Belgium and Greece into abiding by EU policy.

Cake-Square-010712.jpg

A letter obtained by the Financial Times signed by 14 online gambling executives, claims the commission has done nothing in the three years since it raised doubts about Belgium’s gambling regulations. 

 “While the Belgian authorities are free to intimidate Europe’s leading online gaming groups with threats about the consequences of challenging their domestic gambling laws, the European Commission has yet to receive an answer to its own concerns regarding the regulatory regime in Belgium . . .” the letter states.

Last week, Belgium authorities detained bwin.party co-founder Norbert Teufelberger during a Brussels conference in which he was the keynote speaker. 

The letter continues:  “Countries such as Belgium and Greece that are in clear breach of EU law and that are seeking to enforce those laws domestically are likely to be at the top of the list.  The time for polite rhetoric is now over. It is time for deeds not words.”

- Gilbert Horowitz, Gambling911.com

Related Content

FBI

Maryland Man Under 24-Hour Home Confinement After Threatening PrizePicks Execs Over $50

"if my $50 doesn’t end up back in my bank account before 5pm today, I’m going to drive down to Atlanta, Georgia and kill everyone in the PrizePicks office,” Aaron John Sasser wrote
Evoke

William Hill UK Owner Evoke Weighs $304 Million Takeover Bid From Bally's Intralot

Betting group Evoke (EVOK.L), opens new tab, owner of William Hill UK and 888, is evaluating a takeover proposal from Greek lottery and gaming firm Bally's ​Intralot (BYLOTr.AT), it said on Monday, valuing the debt-laden UK company at ​225.3 million pounds ($303.88 million).
FanDuel

Fanduel Begins Offering Injury Protection Insurance

FanDuel becomes first book to offer the full game injury insurance but some experts in the field suggest it is predatory.
Cha-ching

Sacramento Casino Pays Gambler $142,327 on a $5 Side Bet

German Rangel won the life-changing jackpot while playing Bonus Spin Xtreme Triple Diamond Progressive near the end of his visit to the Elk Grove casino on April 11, the casino said in a Friday news release.