Exclusively available inside The International Herald Tribune in Greece and Cyprus  
  Friday May 9, 2008 - Archive
Current Edition | Athens Stock Exchange | Useful Information | Greek Edition | Site Search  
  Search
Home page
ENGLISH EDITION
Date
09/05/2008  
Frontpage
News
Commentaries
S/E Europe
Features
Business. & Fin.
Arts & Leisure
Sports
Weather
Classifieds
Cartoon Archive
  RSS
INFORMATION
Company Profile
Health & Emergency
BUSINESS & FINANCE
EU report boosts odds in favor of OPAP

By Constantine Kallergis & Costas Karkayiannis - Kathimerini

BRUSSELS – The European Parliament yesterday approved a report on sport that offers significant political support to the efforts against the full abolition of OPAP’s monopoly in games of chance in Greece.

The report, drafted by New Democracy MP Manolis Mavromatis, does not directly reject the opening up of the market, but calls for a legal clause that will force part of profits from sports betting to be granted for purposes strictly of public benefit, such as sports and culture.

It goes on to stress that at present revenues from state betting help to fund many amateur sports and that its protection is, among other things, a guarantee of transparency and the continued funding of causes such as amateur sports.

It also considers it vital that sports be safeguarded from any “abusive behavior.”

There were other major issues for sports that the report touched on, such as television rights: The European Parliament is asking for the recognition of the possibility of collective sales of TV rights for all clubs in a country, along with ensuring financial solidarity toward the smaller professional clubs.

The report was approved by a large majority.

It constitutes the EU Parliament’s stance on the White Paper on Sports prepared by the European Commission.

Print article | e-mail


[ Front Page ] [ News ] [ Commentaries ] [ S/E Europe ]
[ Features ] [ Business & Finance ] [ Arts & Leisure ] [ Sports ]
[ Subscriptions ] [ Editor ] [ Webmaster ]
Company Profile | Health & Emergency

Business & Finance
Minister calls for closer look at nuclear power
In Brief
ECB unanimous on keeping rates at 4 percent
EU report boosts odds in favor of OPAP
OTE agreement with Deutsche Telekom expected next week
At least two foreign companies set to bid by noon today for Piraeus port’s container station
Turkey privatizes, but depressed markets could weigh on sale prices

English Edition - Greece's International English Language Newspaper
Exclusively available inside The International Herald Tribune in Greece and Cyprus
© 2008 H KAΘHMEPINH All rights reserved.