Italy faces €1.5bn claim from Stanleybet

Article reports that Stanleybet, the Liverpool-based international bookmaker that has won landmark legal challenges to closed betting markets in Europe, launched on the 18 May 2010 a €1.5bn compensation claim against the Italian government.

Claiming it has fought more than 2,000 cases through Italy’s legal system, the bricks-and-mortar operator has for 12 years battled against the Italian authorities, but has now given up hope of reaching a negotiated settlement.

Website: Stanleybet http://www.stanleyint.com/main.en.php

Website: Stanleybet International http://www.stanleybetinternational.com/web/stanleybet-corporate/home

Wikipedia: Stanleybet International http://en.wikipedia.org/wiki/Stanleybet_International

Website: European Sports Security Association http://www.eu-ssa.org/

ESO: Background information: Barnier to seek coherent EU rules on gambling http://www.europeansources.info/record/barnier-to-seek-coherent-eu-rules-on-gambling/

ESO: Background information: Betting firms await Italian case http://www.europeansources.info/record/betting-firms-await-italian-case/

ESO: Background information: Judgment of the Court of Justice in Joined Cases C-338/04, C-359/04 and C-360/04. Criminal proceedings against Massimiliano Placanica and Others http://www.europeansources.info/record/judgment-of-the-court-of-justice-in-joined-cases-c-338-04-c-359-04-and-c-360-04-criminal-proceedings-against-massimiliano-placanica-and-others/

---