Ladbrokes Fights European Monopoly
November 30, 2006
The British bookmaker has filed legal actions against several European countries, including Norway, Finland, The Netherlands and Germany, since it is not permitted to run its business in the aforementioned states. At the beginning of this month the Supreme Court denied Ladbrokes the right to operate on the Danish gambling market, arguing that the gaming monopoly is allowed so long as it is meant to prevent gambling addiction. Ladbrokes representatives state that European countries keep state monopolies because the governments do not want to lose such a huge source of revenue and that gambling addiction is not by far among the state officials’ major concerns. Whereas countries such as Spain and Italy are beginning to open the path for foreign online gambling operators, some states refuse to allow foreign providers to enter their Internet gaming markets.
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