Bwin drawing up counter legislation
The online operator stated that the proposed Gambling Act legislation, which has been criticized widely since its release, favors monopolies such as Casinos Austria and is against European law.
The firm’s Co-Chief Executive Officers, Norbert Teufelberger and Manfred Bodner, are believed to be annoyed because they were not consulted in any way prior to the release of the proposals and responded by calling them “unconstitutional” and pointing to several court rulings in Austria said to prove such an opinion.
Teufelberger told Austrian news portal OE24.at that the firm currently employs 800 people around Vienna but would ’be unable to develop more technology’ if the proposals were passed as they are now. He stated that the company’s own proposed legislation could be ready to go to the Finance Ministry by next week and that Bwin would be ’perfectly willing’ to pay tax on the revenues it earns in Austria should the legal situation improve through reforms.
BGaming launches new high-volatily Clash of Gods: Anubis vs Hades slot with duel feature
State attorneys general push for local control over sports prediction markets
Massachusetts high court signals skepticism in Kalshi sports contracts case
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
MGM Resorts posts record first-quarter revenue as profit slips on weaker margins
William Hill owner Evoke to close 270 shops as losses widen on tax hit
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
Racing and Sports partners with Altenar to enhance global racing offering
Mexico's iGaming market breaks its four-year uptrend
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
