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EXCLUSIVE: Court Obliges Betting Houses To Pay 20% Of Cash-Ins To Football Fed
The Bucharest Court Thursday ruled that betting houses in the Wettpunkt International network – which includes the Victoria Casino- must pay 20% of the money they collect for sporting bets to the Romanian Football Federation (FRF), as stipulated in Sports Law 69/2000.
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EXCLUSIVE: Court Obliges Betting Houses To Pay 20% Of Cash-Ins To Football Fed
FRF lawyers said betting houses refused to meet this legal obligation, therefore, FRF had to take legal action.
The court’s ruling can be challenged in the Bucharest Court of Appeals whose decision in the matter is final and irrevocable.
This year in February, the Romanian lottery was foreclosed by FRF and forced to pay 20% of the money it collected for sporting bets in 2003-2005, amounting to RON18 million (EUR5 million).
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