30th of December 2011 Author: Johnny Karp
Unfair competitiveness triggers the decision against the company
An announcement came this week that a decision has been made by the Council of Ministers' Madrid Mercantile Court 10 to issue an order to Sportingbet PLC's Spanish-oriented .com and .es miapuesta sites to cease all activity and suspend financial transactions, as a precautionary measure.
The reason for the Council's order was a legal action initiated by Spanish gambling group Codere against several unlicensed online gambling and betting operators that pose unfair competition by offering their services to Spanish residents.
In contrast to this news, Sportingbet Plc recently came out with an announcement that it plans to launch GameAccount Network's certified gaming content for the Spanish regulated market via their sports betting and gaming portal currently located on the .com Miapuesta site. On the same occasion, the company stated that after it obtains the license, it would see a move to an .es domain, with players merged into the Spanish network within GameAccount's system to boost player liquidity.
However, on Dec. 15, Codere's complaints were addressed by a court order which covers a ban on advertising campaigns, use or disclosure of personal data obtained online and a ban on mass or individualised e-mail communications.
In this regard, a comment arrived from Jose Antonio Martinez Sampedro, president and chief executive officer of Codere: "Codere has been promoting the strictest compliance with the law in force in the gaming industry and commercial gambling. Currently several internet gambling operators have entered the market.
'These services are available to users located in Spanish territories and as stated by the Government and in recent responses from the European Commission, such activities are illegal as they are not allowed, come tax free, provide no guarantees for users and hurt legal Spanish operators in the market."
Sports Society News General Sportsbook News
2nd of September 2013
28th of June 2018
18th of January 2019
3rd of December 2018
14th of November 2018
24th of November 2018
13th of January 2019
22nd of November 2018
15th of November 2018
Join Now for full access
Disclaimer Contact Us Privacy Terms and Conditions Gambling Help Site Map
LatestSportsBonuses.com © 2006-2019