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Ladbrokes leaves Switzerland, Hungary & Norway

Discussion in 'Casino Industry Discussion' started by Richas, Oct 11, 2014.

    Oct 11, 2014
  1. Richas

    Richas Senior Member

    Occupation:
    Project Manager
    Location:
    UK
    Ladbrokes is pulling out of Switzerland (technically illegal), Norway (state monopoly only) and Hungary (they issue national licences and blacklist the rest).

    That's pretty much every type of grey market...


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    Norway must be bitter for Ladbrokes given they spent 5 years taking them to the ECJ.
     
    2 people like this.
  2. Oct 11, 2014
  3. gagamel

    gagamel Professional smurf hunter MM

    Occupation:
    Care Manager
    Location:
    Switzerland
    What does this mean?
     
  4. Oct 11, 2014
  5. Richas

    Richas Senior Member

    Occupation:
    Project Manager
    Location:
    UK
    Hard to tell but I think it is fall out from the new UK rules on grey markets. I suspect a big polarisation with UK licenced sites leaving grey markets. This is not certain, Ladbrokes online proposition has been messy for years, these could be business pull outs in part driven by increased regulatory scutiny to review the cost/benefit and legals of each market.

    I suspect though that Ladbrokes are just early movers, there will be more UK facing firms closing to punters from grey markets.
     

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