Malta-licensed operators to fight Austrian illegal gambling lawsuit
Legal claims against international operators for alleged illegal gambling in Austria represents a “jurisdictional overreach”, according to prominent Swedish igaming lawyer Ola Wiklund.
Yesterday, EGR revealed claims equalling more than €40m had been filed by Austria-based litigation financing firm Advofin against operators on behalf of more than 2,000 clients.
Advofin is working with local law terms to try and recover the net losses of Austria-based consumers who gambled on international online casino sites licensed in Malta and other igaming hotbeds.
Addressing the potential for the claims, Wiklund told EGR: “This kind of ambulance-chasing venture might be profitable for Austrian lawyers, but it represents a jurisdictional overreach by a Member State of the EU.
“The Austrian claims are stemming from an application of rules of a legally questionable private monopoly,” he added.
Read the full article, published on EGR on the 26 of February 2021.