Skip to main content

abusing monopoly status is sure to interest the EU

Under the EU guidelines/legislation/regulations, EU member states are expected to allow gambling services from other EU members states unless they can prove the reason behind blocking them is social policy - namely protection of locals from the 'evils' of gambling. In countries like the Netherlands, this leads inevitably ends up being protect the local monopoly but ban all others - hardly social policy at all, just the protection of high margins which go directly into the state coffers.

Norway, and much of Scandinavia, attempts the same social policy - outlawing all competition in favour of the local high margin, state-owned operator Norsk Tipping. Studies around the world, in Norway and Australia in particular, have shown that problem gambling is most likely to originate from betting machines - called slots, pokies or fruit machines depending on where you live. In fact, just a few years ago, because 80% of problem gambling cases were coming from these machines, Norsk Tipping used their government links to have similar machines removed from bars and other venues in Norway - machines which were owned by charities and other companies, but not Norsk Tipping.

Fair enough, that seems to fit with social policy. But, in a 'brilliant' move from the Norsk Tipping CEO, he has now proposed to re-introduce them back into bars, all under the ownership of the state monopoly.

Sponheim wants slot machines in a pub

(Use Google Translate to read it in English if needed.)
.
.
.
"Local Democracy can stop this, we know. But now we try again, and I must say it is strange that they will stop this type of machine. The limit's not the internet for its citizens, that's where the dangerous play takes place, "said Sponheim.


Yes, of course the internet is evil. In gambling monopoly CEO terms, this means "Our website is crap, our margins are high and we don't offer poker, thus all our customers will go elsewhere because the internet gives them choice and the chance to actually win something"

Talk about an abuse of social policy. Cue the legal challenges in the EU being lodged very quickly.

Comments

Popular posts from this blog

It's all gone Pete Tong at Betfair!

The Christmas Hurdle from Leopardstown, a good Grade 2 race during the holiday period. But now it will go into history as the race which brought Betfair down. Over £21m at odds of 29 available on Voler La Vedette in-running - that's a potential liability of over £500m. You might think that's a bit suspicious, something's fishy, especially with the horse starting at a Betfair SP of 2.96. Well, this wasn't a horse being stopped by a jockey either - the bloody horse won! Look at what was matched at 29. Split that in half and multiply by 28 for the actual liability for the layer(s). (Matched amounts always shown as double the backers' stake, never counts the layers' risk). There's no way a Betfair client would have £600m+ in their account. Maybe £20 or even £50m from the massive syndicates who regard(ed) Betfair as safer than any bank, but not £600m. So the error has to be something technical. However, rumour has it, a helpdesk reply (not gospel, natur

What shits me about match-fixing 'journalism'.

The anti-wagering media bandwagon has dozens of new members this week, all weighing in an industry they have absolutely no idea about. I'm all for getting the betting industry into the mainstream but it shits me no end when they roll out reports and celebrities who simply don't have a clue what they are talking about and don't bother to check basic facts which key arguments in their story. If this was the financial industry, making errors like this would have them in all sorts of trouble, but the same level of regulation doesn't apply because finance stock markets are supposedly all legitimate and serious, whereas sports betting is just a bit of fun for people who can never win in the long-term... according to the media. This week we have seen the sting by the Telegraph which, on the face of it, looks to be a tremendous piece of investigative work into fixing in English football. But the headlines around it are over-sensationalised yet again. Delroy Facey, a former pla

lay the field - my favourite racing strategy

Dabbling with laying the field in-running at various prices today, not just one price, but several in the same race. Got several matched in the previous race at Brighton, then this race came along at Nottingham. Such a long straight at Nottingham makes punters often over-react and think the finish line is closer than it actually is. As you can see by the number of bets matched, there was plenty of volatility in this in-play market. It's rare you'll get a complete wipe-out with one horse getting matched at all levels, but it can happen, so don't give yourself too much risk...