Published On: Tue, Mar 27th, 2012

Sportingbet to fight

AN INJUCTION against Sportingbet is set to be fought against by the online gaming firm Sportingbet Plc. Codere, the Spanish casino group, initiated the injunction in a bid to restrict betting and gaming within the country. They have already issued a few injunction against companies operating in the online betting and gaming industry.

“Sportingbet firmly believes that Codere’s injunction application was based on erroneous information presented to the court and is a blatant attempt to disrupt the market in the run up to the issue of licences,” the company said in a statement.

 “Codere has an axe to grind about supposed unfair competition, which is blatantly wrong and misleading,” Sportingbet spokesman George Hudson told Reuters.

Online gaming in Spain was legal but unregulated until new laws came into effect last year.

The injunction came into effect March 27, Sportingbet said.

Sportingbet — which has more than two million customers in 30 markets across Europe, Australia, Canada, South America and South Africa — said it had met with the Spanish gaming regulator and expects to be granted a licence by May 25.

 

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