Posts Tagged ‘ladbrokes’
Sportsbooks Battle Monopolies
Online bookies continue their legal fight to open up markets and allow free competition around the world. In contrast with the US their battle where they fight against a comprehensive ban, in Holland as in other European countries it is against state-owned gambling monopolies that are in conflict with EU principles.
Ladbrokes, one of biggest British sportsbooks online, has been shunned by the Dutch authorities for years. Ladbrokes continues to accept bets from Dutch residents and this case will probably reach the European Court of Justice soon. The battle between the two has been going on for over 7 years now.
Betfair also challenges Holland's legislation. The Dutch government tries to block player transactions through financial institutions, allegedly in breach of EU principles of free passage of goods and services. Betfair will try to change this policy.
In September, the EU Court has taken Portugal’s side that alike Holland supports a state betting monopoly, Santa Casa. Bwin, biggest online sportsbook, tried to enter the local market and was banned from advertising on the Portuguese soccer league website. The court decision stated prohibitions “may be regarded as justified by the objective of combating fraud and crime.”
A study published on the Gaming Intelligence website says over a million Dutch men and women gamble in Holland. It seems that they are doing so illegally.
The study was presented by Justice Minister Hirsch Ballin to the House of Representatives that seems set to to battle betting industry in his country.
Bwin and Ladbrokes are two of leading online sportsbooks in the world. Bwin has been considered the best online gaming operator second year in a row according to the latest EGR Power 50 report. Ladbrokes is holding number six position, dropping 3 spots comparing to the last year’s report.
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