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Final decision of gambling fulfillment by European Union
July 23, 2007, 9:56 am (4 years ago)Recently the European Commission has taken sports betting under restriction in Greece, Sweden and France. European Union’s main arm stated about these three members that for right now, those are the verdict on the almanac. As the laws of Sweden and France are conflicting with the EU laws, the EU commission has officially requested them to modify their laws to make it compatible. This is the final stage of EU before taking any legal action in the court of justice. In the meantime many French Chief Executive Officers of sports betting have been imposed or threatened who were licensed in various EU countries.
All Sweden, France and Greece have compulsory this new constraint as a way of preventing foreign antagonism in the European gambling market. Those states who maintain gambling monopolies and lottery companies, it has been particularly difficult for foreign countries. Such as the insurmountable challenges countenanced by betting companies William Hill and Stanley Leisure.
It is justified that the ultimate goal of European Commission’s attack was to protect the freedom of movement of goods and services. Several decision will be taken and finalized on this day and will leave lot of the European gambling market’s prospect hanging in the equilibrium.
Automatic Translation
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