Tuesday, April 17, 2007

William Hill aims to crack the Greek Gambling Monopoly

One of the top UK casinos William Hill today announced that it has requested a license to open up betting shops in acorss Greece, knowing that the country’s official betting organisation, OPAP virtual Monopoly.

If the license is not granted by the Greek government, as some expect will happen, the firm is prepared to fight it out in the in European courts in an attempt to put a dent in OPAP's monopoly.

Chief executive David Harding from William Hill said, ‘We believe the recent European cases mean that what is happening is in breach of EU law. If it is rejected we will go to the courts to argue our case and that could involve going to the European Court of Justice.’

William Hill are likely to receive the EU’s support to enter the market after March’s European Court of Justice (EJC) ruling barring Italy from using criminal law to shut out foreign bookmakers in a case presented by Stanley Leisure.

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