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Paddy Power Bets on the Success of EU
 July 8, 2007, 5:20 am (4 years ago)EU’s warning to Sweden, France and Greece had an impact to the shares of Paddy Power, for the restricting competition in betting and gambling market.
Paddy Power as well as the other host in gambling companies like UK and Irish was inspired by the action of EU to role out operation of gambling across EU members.
The company had lead the EU market towards the introduction of German version site in betting, thus rumors already spread with similar tactics.
Bookmaker Ladbrokes has been interested with this news in EU, this press EU commission in campaigning competition in betting and games sector that is free and fair.
Ladbrokes eGaming managing director John O'Reilly said: 'EU’s commission in the issues shows a strong resolution and they are urging the continues enforcement of the Treaty in EU. It is wrong for Ladbrokes will be competing in the monopoly run in France lottery in UK, when we seize to operate betting and services in games. “We are capable to engage with the other markets in EU, Sweden and Greece in particular in which markets in gambling are developed, O’Reilly added.
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