BWIN WINS ANOTHER ONLINE GAMBLING ISSUE
25 May 2007
Austrian injunction set aside
Bwin has won another legal hand in an online gambling
dispute in which Omnia Communication-Centers GmbH sought
an injunction to curtail the betting group's Austrian
activities.
The Vienna Commercial Court this week rejected the
injunction, which sought to prevent the bwin Group from
offering games of chance – and in particular poker and
casino games – on the Austrian market under its
Gibraltarian licence. The court rejected the application
on the grounds that there was no competition between the
plaintiff and bwin.
"We welcome today’s decision by the court to reject this
application for a preliminary injunction,", commented
Co-CEO Norbert Teufelberger on learning of the positive
outcome of these proceedings.
"Legal action is not the right solution,", added Co-CEO
Manfred Bodner. "We are in favour of a constructive
dialogue to regulate the gaming market not only in the
best interests of the consumer, but also in conformity
with EU legislation and taking into account the
realities of the internet age."
The Vienna listed gaming firm has had a busy week,
obtaining shareholder permission for a capital rise of
up to 16.3 million new shares in order to generate over
Euro 500 million at its AGM. Boerse Express speculation
is that the capital increase will be used to fund the
purchase of UK-based competitor Sportingbet.
Earlier this week (see previous InfoPowa report) Bwin
scored another online gambling victory when a Munich
court threw out an attempt by the German state of
Bavarian to prevent Bwin and other firms from marketing
their services in competition with official
state-supported outlets. The court found that it was not
technically possible for Bwin and like online companies
to screen out Bavarian gamblers.
Online Casino News courtesy off
InfoPowa
More news here.
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