Expert: Case against bwin won't stand in court
As reported by Bloomberg -- "Bwin Interactive Entertainment AG, Germany's biggest private online sports-gambling company, may win a legal fight that threatens 118 million euros ($188 million) in annual revenue, or a third of its take.
"Johannes Caspar, a law professor at Hamburg University and legal adviser to the Schleswig-Holstein state legislature, says the Vienna-based company may succeed with lawsuits challenging a January 2008 ban in Germany on Internet sports wagering. Bwin argues the prohibition, approved in all 16 German states, violates European Union law.
"It won't stand the test at the European Court of Justice," Caspar said. The EU's executive arm started ``infringement proceedings' against Germany Jan. 31 over the state laws, a process that may lead to its own lawsuit.