14 Nov 2012 07:00
14 November 2012
bwin.party digital entertainment plc
('bwin.party' or the 'Company' and, together with its subsidiaries, the 'Group')
Belgium update
Further to the announcement made yesterday in light of press reports, the Group wishes to confirm that Norbert Teufelberger, Co-CEO, complied voluntarily with a request to attend an interview with representatives from the Belgium Gambling Commission. The request to attend the interview arose from the Belgium Gambling Commission's ('BGC') view that bwin.party was in breach of the country's gambling legislation. bwin.party maintains the position that it is acting and has always acted in compliance with applicable laws. Yesterday's interview lasted for two hours, after which Mr Teufelberger, who had been chairing an industry conference about responsible gaming and regulation, left Belgium as originally planned. bwin.party intends to continue its on-going dialogue with the BGC.
Commenting on yesterday's discussions, Norbert Teufelberger and Jim Ryan, Co-CEOs, said:
"We have been at the forefront of regulatory change in Europe for several years and we have licences in Gibraltar, Alderney, Denmark, France, Germany (Schleswig-Holstein), Italy and Spain. We continue to strive for a regulatory framework in European Member States that is compliant with EU law."
Contacts:
bwin.party digital entertainment plc
Investors
Peter Reynolds +44 (0) 20 7337 0100
Media
John Shepherd +44 (0) 20 7337 0100