Brief: Betsson subsidiary Corona Ltd appeals Dutch fine

Betsson AB

10/09/2018 13:44

Sept 10 (Reuters) - Betsson AB  BETSb.ST :
    * BETSSON SUBSIDIARY CORONA LTD APPEALS FINE ISSUED BY DUTCH
AUTHORITIES
    * BETSSON SAYS CORONA LTD HAS APPEALED THE FINE ISSUED BY
THE
DUTCH GAMBLING REGULATOR, DE KANSSPELAUTORITEIT (KSA)
    * BETSSON SAYS CORONA LTD MAINTAINS ITS PRIOR POSITION THAT
ITS
OPERATIONS COMPLY WITH APPLICABLE LAWS AND REGULATIONS IN THE
ABSENCE OF AN EU-COMPLIANT GAMBLING LEGISLATION IN THE
NETHERLANDS
    * BETSSON SAYS IF THE APPEAL WITH THE REGULATOR IS NOT
SUCCESSFUL,
CORONA LTD WILL REFER THE MATTER ON APPEAL TO A COURT OF LAW TO
DEFEND ITS RIGHTS
    * BETSSON SAYS PENDING THE PROCEDURES, THE SANCTION WILL NOT
BECOME IRREVOCABLE

Source text for Eikon: https://www.betssonab.com/en/press?page=/press/perma/1611669
Further company coverage:  BETSb.ST 

 (Stockholm Newsroom)
 ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;))