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Deltâ
26 Nov 12 09:35
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Date Joined: 12 Mar 02
| Topic/replies: 62,895 | Blogger: Deltâ's blog
Betfair withdraws from Greek market
BETFAIR on Monday announced that they will be withdrawing from the Greek market, a move which will cost the online gaming company up to £13 million in potential revenue. (19 mins ago)More


can someone post the whole article...

tar

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Replies: 33
By:
saddo
When: 26 Nov 12 09:45
Betfair said it is to withdraw from the Greek market over new regulations that it called protectionist and inconsistent with European law.

Earlier in November the Greek Gaming Commission announced there would be financial penalties and criminal sanctions against gaming operators that continued to operate in the market without a permit.

Betfair said it had not applied for a permit due to questions over the legality of the Commission's decision.

It added that the associated financial conditions attached to these permits, which could include payment of taxes on historical revenues, made the market "economically unattractive".

Before its decision to withdraw from the market, Betfair had expected to generate £13m of revenue and £7m of profit from the Greek market in the current financial year.

"Betfair has been working with the Remote Gambling Association to achieve legislation that allows fair competition in the market," the firm said in a statement.

"It is disappointing, however, that the European Commission has, despite previously stated intentions to the contrary, not taken effective action to prevent protectionist behaviour."
By:
saddo
When: 26 Nov 12 09:46
tar.
By:
fotofinisman1
When: 26 Nov 12 09:50
Shocked
By:
Deltâ
When: 26 Nov 12 09:50
olé
By:
fotofinisman1
When: 26 Nov 12 09:50
FU DELTA
By:
saddo
When: 26 Nov 12 09:51
OLEEEEEEEEEEEEEEEEEEEEEEEEEE, kali meera foto.
By:
fotofinisman1
When: 26 Nov 12 09:51
kalimera file  esi eise uk? h ellada?
By:
saddo
When: 26 Nov 12 09:52
yes, ta.
By:
saddo
When: 26 Nov 12 09:53
fotofinisman1     26 Nov 12 09:50 
FU DELTA  ShockedLaugh
By:
fotofinisman1
When: 26 Nov 12 09:53
uk?? h ellada denkatalava pou meneis? gia pes moy re file
By:
fotofinisman1
When: 26 Nov 12 09:55
saddo  LONDINO MENIS H STHN ELLDADA  MENIS?
By:
saddo
When: 26 Nov 12 09:55
Soon you will be speaking German, I am better at that.
By:
fotofinisman1
When: 26 Nov 12 09:56
A OK OK nice..
By:
saddo
When: 26 Nov 12 09:57
Happy
By:
fotofinisman1
When: 26 Nov 12 10:00
I have  big  problems now with the new law...
By:
Deltâ
When: 26 Nov 12 10:01
I only cheered for saddo doing a c+p Cry
By:
saddo
When: 26 Nov 12 10:05
There will be ways round it, foto, find an expert.
By:
fotofinisman1
When: 26 Nov 12 10:07
I hope mate i hope...tks
By:
saddo
When: 26 Nov 12 10:08
Delta knows about these things, I will ask him.
By:
Deltâ
When: 26 Nov 12 10:10
try the chap with the thread in General forum...
By:
fotofinisman1
When: 26 Nov 12 10:10
I await .....tks for all
By:
saddo
When: 26 Nov 12 10:13
Can't you get a proxy wotsit, delta?
By:
Do wah Diddy
When: 26 Nov 12 10:23
THERE WILL BE LOADS OF BRITISH  AND FOREIGN PEOPLE WHO SAY TO THEMSELVES IM NOT GOING TO LIVE OR RETIRE IN GREECE BECAUSE THERES NO BETFAIR ,FANCY IF YOUVE PUT A DEPOSIT DOWN ON A CHATEUX IN GREECE ONLYTO FIND OUT THERES NO BETFAIR ,ITS WORSE THAN HAVEING A LEEKY ROOF ON YOUR DREAM HOME
By:
saddo
When: 26 Nov 12 10:24
Laugh
By:
Do wah Diddy
When: 26 Nov 12 10:25
THERE WILL BE HUNDREDS OF GREEKS WHO MAKE A LIVEING FROM THEIR BETFAIR WINNINGS NOT KNOWING WHICH WAY TO TURN IF BETFAIR LEAVE GREECE
By:
Do wah Diddy
When: 26 Nov 12 10:28
THERE WILL BE MORE PEOPLE PROTESTING IN THE STREETS OVER THE AUSTERITY CUTS ,BECAUSE IF THERES NO BETFAIR THEY WONT KNOW WHAT TO DO WITH THEM SELVES
By:
Castiron
When: 26 Nov 12 11:47
Sounds like you and your mum, were planning to move there, Do wah.
By:
manxy
When: 26 Nov 12 11:54
i wont even go on holiday there now cos of this shambles do wah
By:
bilbobaggins
When: 26 Nov 12 12:30
How can countries be so backward and insular?
By:
Do wah Diddy
When: 26 Nov 12 12:37
MANXY I GET THE COS STATEMENT
By:
Deltâ
When: 26 Nov 12 12:38
olé
By:
Do wah Diddy
When: 26 Nov 12 12:43
THE GREEKS ARE BREAKING PLATES ALL OVER THE ISLAND ,I THINK ITS BECAUSE BETFAIR ARE LEAVING
By:
manxy
When: 26 Nov 12 12:50
what a shambles, they cant afford anyone to clean it up, no self respecting 'pole' will go near the gaff.
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