Stanleybet to fight Greece on bookmaker shut down
One of the most popular UK betting firms, Stanleybet,
announced it has filed an appeal against the Greece's decision
to shut down the two offline bookmaker outlets in the country.
The sports betting company opened two betting shops in Greece
last year, one in the capital Athens and another in
Thessaloniki, but the local authorities shut them down, citing a
violation of the monopoly law that protects Greek OPAP's
exclusive rights on sports betting until 2020. "We are
determined to defend a regulated, fair and competitive sports
betting market in Greece. We are confident about the outcome of
our case to the benefit of Greek consumers," read part of
the official statement made by Stanleybet. The betting firm also
added that at the time its bookmaking outlets were closed in
Greece, the move violated European Union law.