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Tag Archives: 2012 Betting Law

Stanleybet launches €12.5 million ‘virtual events’ claim against Cypriot government

January 20, 2017

European gambling operator Stanleybet is suing the government of Cyprus for breaching European Union trade and business policies. Filing a claim under Stanleybet Malta, the operator is seeking compensation in excess of €12.5 million for loss of operating profits, legal costs and restriction of services relating to the ‘2012 Betting Law’ which banned wagering on Virtual Sports terminals. Furthermore, Stanleybet …

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