EU COURT TO RULE ON STATE AUTHORITY TO OUTLAW BETTING AGENCIES
13 December 2006
VIENNA, Dec 13 (Reuters) – Austrian online betting operator bwin.com’s (BWIN.VI: Quote, Profile , Research) business model would become obsolete if the European Court of Justice ruled unfavourably in a landmark case due soon, bwin’s head was quoted as saying on Wednesday.
The European Court of Justice is due in the next months to rule whether EU member states can outlaw betting agencies licensed in another member state. The Court’s Advocate General recommended in May to stop them from doing that.
“In principle, the Advocate General’s recommendation reassures us,” bwin Chief Executive Norbert Teufelberger was quoted as saying in an interview in Austrian newspaper Der Standard.
“If the European Court of Justice didn’t follow suit, the effect would be that national lawmakers can do as they want, and then you’ve got to say that a business model such as bwin’s wouldn’t make sense anymore,” Teufelberger said.
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22 March 2007European Commission Initiates Proceedings Against Discriminatory States
ATE Online reports Commission steps up proceedings against discriminatory states. The European Commission has launched the second stage of legal proceedings against Denmark, Finland and Hungary over what it sees as measures to restrict the free movement of sports betting services. It has demanded, in the form of reason opinion, that the EU member states amend their laws, after calling them unnecessary and discriminatory.Read full article