Betsson argues it's case despite the police report
The Lottery Inspection has filed a police report claiming that Betsson's shop
violates article 38 in the Swedish lottery act. Also, the Lottery Inspection is
threatening Betsson with a fine. However, Betsson's betting shop will remain
opened as it complies with EC law. Betsson is convinced that the Swedish gaming
monopoly is illegal. If the state take steps that in any way harm Betsson, the
company will demand damages.
By operating the betting shop Betsson uses its right to advertise gaming
services provided to Swedish consumers over the Internet. This right, the
freedom to provide services within the Community, is stated in the EC treaty.
The EC treaty is superior to the Lottery Act. Therefore, Betsson does not break
Swedish law.
”Given the current legal position, the Lottery Inspection's actions are
perilous. If these actions harm Betsson in any way, we will demand damages. We
are convinced that the gaming monopoly will be declared illegal by EC court.”
said Pontus Lindwall, CEO Betsson
Before the launch of the betting shop Betsson had a meeting with the Lottery
Inspection, to get the Inspection's view of the legal situation.
“At the meeting the Lottery Inspection agreed with us that some parts of the
Lottery Act are dubious and may not comply with EC law. I am therefore very
surprised of the actions taken by the Inspection the last couple of days. An
authority should not take actions on a weak basis, which can hurt a particular
company.” said Lindwall
The betting shop complements Betsson's online offerings and widens the options
for the players. The shop has been positively received by the market and
Betsson's ambition is to continue to operate the shop, and offer better odds and
a relaxing environment to our customers.
For more information please contact:
Pontus Lindwall, President and CEO,
Tel: +46 (08) 506 403 0, +46 (0) 708 27 51 55, pontus@betsson.com
BETSSON AB´S CORE BUSINESS CONSISTS OF INVESTING AND ADMINISTER COMPANIES WITHIN
THE GAMING BUSINESS. BETSSON AB OWNS BETSSON MALTA LTD WHICH OPERATES GAMES
TOWARDS 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. THE CUSTOMERS MAINLY
ORIGINATE FROM THE SCANDINAVIAN COUNTRIES AND OTHER PARTS OF EUROPE. BETSSON AB
IS LISTED ON THE NORDIC LIST IN STOCKHOLM, MID CAP (BETS).
