EUROPE - Spain is pushing ahead with a plan to privatise the country’s state lottery in a sell-off that will transform one of its oldest national traditions into the world’s largest stock market listed gambling company worth as much as €25bn ($35.2bn). Financial Times.
Posts Tagged ‘EU’
Spain set to privatise state lottery
Thursday, May 26th, 2011German slot machine operators face tough new regulations
Wednesday, May 4th, 2011GERMANY – German states plan to crack down on gambling arcades The metal-on-metal sound of a win at the slot machines is enough to put a smile on any punter’s face, but they could be wiped away altogether if German lawmakers have their way. DW Welle.
Jersey Telecom spends £15m to host gambling websites
Thursday, March 10th, 2011UK - It has invested the money despite the States not yet agreeing the full details for regulating the industry in Jersey. BBC.
UK company Betfair to use Gibraltar gambling licence
Tuesday, March 8th, 2011UK- Betfair is to move to operate under a Gibraltar licence as part of changes that will allow it to avoid the UK’s 15% tax on gross betting profits. The company’s 1,200 UK-based staff will not relocate to Gibraltar, though. Guardian.
