RNS Number : 6235E
Sportingbet PLC
01 June 2012
 



 

 

1 June 2012

 

Sportingbet Plc

("Sportingbet" or the "Company")

 

Spanish eGaming Licence Grant

 

Further to the Company's announcement on 22 May 2012, Sportingbet announces that it has now been awarded a Spanish eGaming licence by the General Directorate for the Regulation of Gambling.

 

The grant of the eGaming licence negates part of the injunction, which was imposed on Sportingbet's Spanish business on 27 March 2012 and thus allows Sportingbet's Spanish business at www.miapuesta.es to commence trading when this regulated market opens. The market is expected to be formally opened at 8am BST on Tuesday 5 June. Sportingbet is now in the process of filing an application with the Commercial Court no.10 in Madrid to have the remaining parts of the injunction cancelled.

 

Obtaining the Spanish eGaming licence marks the latest step in the Company's stated strategy of increasing the proportion of the Group's gaming revenue from regulated markets.

 

 

For further information please contact:

 

Sportingbet Plc

Tel: 020 7184 1800

Andrew McIver, Group Chief Executive


Jim Wilkinson, Group Finance Director




Maitland


George Hudson

Tel: 020 7379 5151

Daniel Yea


 


This information is provided by RNS
The company news service from the London Stock Exchange