Legal Proceedings Report • Sep 3, 2010
Legal Proceedings Report
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Press release
In 2006, Betsson sued the Swedish government for damages of SEK 102 million on the basis that the State back in 1997 improperly imposed a ban on slot machines which Betsson (former Cherryföretagen AB) operated. The district court in Stockolm has announced that Betsson lost the trial despite the fact that the ban was illegal.
"A clear case of court decay. Apparently the state can act outside the law while the law applies for everyone else." says Pontus Lindwall CEO of Betsson in a comment.
Betsson has not yet decided to appeal the ruling or not.
The ruling of the district court is available for download at www.betssonab.com.
For further information, please contact:
Pontus Lindwall, CEO and President Betsson AB (publ), phone: +46 (0)8 506 403 10 or +46 (0)708 27 51 55 or [email protected]
BETSSON AB´S CORE BUSINESS CONSISTS OF INVESTING AND ADMINISTER COMPANIES WITHIN THE GAMING BUSINESS. BETSSON AB OWNS BETSSON MALTA WHICH OPERATES GAMES TOWARDS END CUSTOMERS, VIA PARTNERS OR THE WEBSITES WWW.BETSSON.COM, WWW.CASINOEURO.COM AND WWW.CHERRYCASINO.COM. BETSSON MALTA OFFERS POKER, CASINO, BETTING EXCHANGE, SPORTS BETTING, LOTTERY, BINGO AND GAMES. THE CUSTOMERS MAINLY ORIGINATE FROM THE SCANDINAVIAN COUNTRIES AND OTHER PARTS OF EUROPE. BETSSON AB IS LISTED ON NASDAQ OMX NORDIC MID CAP LIST, (BETS).
| MAIL AND VISITING | PHONE | REGISTERED OFFICE | ORG. NO. | |
|---|---|---|---|---|
| ADDRESS | FAX | IR WEBB SITE | VAT.REG.NO. | |
| BETSSON AB (PUBL) REGERINGSGATAN 28, 111 53 STOCKHOLM, SVERIGE |
+46 (0)8 506 403 00 +46 (0)8 735 57 44 |
STOCKHOLM | [email protected] WWW.BETSSONAB.COM |
556090-4251 SE556090425101 |
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