eGaming Review May 2014 - 120 | Page 9

/ THE BRIEFING / NEWS FRANCE BELGIUM BETCLIC WITHDRAWS ALL BRANDS FROM BELGIAN MARKET Betclic Everest has withdrawn its brands from the Belgian market as the country’s Public Prosecution Office (PPO) continues its criminal investigation into the operator’s alleged unlicensed activity. In February, eGR reported that Betclic could face a fine of up to €1.2m after the PPO seized around €600,000 in connection with transactions said to be made to betclic.com. The operator doesn’t hold one of the country’s 35 remote operating licences. Betclic Everest operates brands Betclic, Bet-At-Home, Expekt and Everest. S PA I N GREECE OPAP PROFITS DOWN 72% FOLLOWING TAX HIT Greek monopoly OPAP saw its 2013 profits tumble by 72% to €141.1m following the country’s introduction of a 30% tax on gross gaming revenue. OPAP CEO Kamil Ziegler said it has been a “difficult year for the Greek economy”, with the amount paid by OPAP under the new tax regime revealed to be €345m. The operator also said it was hopeful it would launch its new GTECH-powered sportsbook prior to the World Cup after previously stating the target to be unrealistic. GERMANY GERMANY sMybet awarded €11.5m after lottery legal battle Mybet has hailed its award of €11.5m in damages from German state lottery company Westdeutsche Lotterie as a “big success”, drawing the six-year legal battle to a close. In April, the Higher Regional Court of Dusseldorf ruled in favour of FLUXX, a subsidiary of mybet, after it accused the German Lottery and Pools Organisation of preventing it from marketing its lottery agency operations in the country. Mybet filed for compensation in 2008, claiming that, as a consequence of the organisation’s actions, it was forced to abandon its German lottery business, then called JAXX. W W W. E G R M A G A Z I N E . C O M EUROPE UPDATE N E W S EGAMING UPDATES BY COUNTRY 9