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Bwin being man at the wheel in Austrian regulation
December 1, 2008, 10:31 am (2 years ago)Legislation planned by the Austrian government's Finance Minister Wilhelm Molterer is so biased to support state dominations such as Casinos Austria - and in opposition to European Union law - that the Vienna-listed online gambling group Bwin Interactive Entertainment AG has ordered its legal team to draft substitutes for the politicians to regard.
The anticipated Gambling Act has been criticized extensively ever since it’s been issued and drafters positioned indicted of clearly favoring state monopolies, which could cause dispute with European Union codes requiring the free action of goods and services amongst member nations.
It seems that Bwin's Co-Chief Executive Officers, Norbert Teufelberger and Manfred Bodner weren’t asked in any way before the issuing of the proposals by the minister and have countered by labeling the proposals ’unconstitutional’ and pointing to numerous court regulations in Austria assumed to back such an estimation.
Automatic Translation
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