Camelot, operator of the UK National Lottery, saw sales grow by 8 percent in the first half of this year to £3.5bn and this week pushed forward with its bid to manage the Pennsylvania Lottery in the United States.
The EU’s executive body has criticised a long-awaited Czech bill that would open up internet betting to new firms but would impose onerous requirements on online bookmakers.
The bosses of 12 online gambling companies have written an open letter to the Financial Times reiterating that the detention of Norbert Teufelberger in Brussels last week was a “stark reminder of the legal uncertainty” in Europe’s online gambling market.
MEPs probing mafia-type organised crime in the European Union are looking at online gambling and how player taxes could be used to prevent money laundering.
Only "aggressive" online gambling executives need fear criminal charges, said a Belgian regulator following the detention on Tuesday of Bwin.Party’s co-chief executive Norbert Teufelberger.
The European Commission must take urgent action against restrictive markets, like Belgium’s, to stop “irreparable and unjustifiable” damage being done to the online gambling industry, according to operators.
Norbert Teufelberger, co-chief executive of Bwin.Party, was released by Belgian police last night but could still face criminal charges, according to the country’s gambling regulator.
Greece’s gambling regulator has given unlicensed operators until December 6 to switch off their Greek websites or risk being put on a black list and ten years of jail-time.
