Litigation can cost a lot of money. Especially when it deals with contractual ambiguities, and where the contract does not clearly indicate the competent court. Now, thanks to EU regulations, a cost-intensive dispute can be avoided (at least in terms of such contractual matters), if the right precautions have been taken. Written by Christian Lenz & Raphael Toman.
Sportradar, the world’s leading provider of sports data and content, today announced that it has acquired the award-winning sports betting and gaming omnichannel platform business Optima. With the acquisition, Sportradar will extend its current betting services portfolio to become a full service B2B data, betting, trading and player management platform business. This will create a global ‘one-stop-shop’ technology and services business capable of offering a complete turnkey solution including a dedicated sports betting and iGaming platform.
In a recent decision, the Austrian Supreme Court held, contrary to previous case law, that bribery does not automatically result in a conviction for breach of trust. A manager who pays bribes in order to give his company an advantage is therefore "only" liable to prosecution for bribery and not at the same time for breach of trust (OGH 26.2.2019, 17 Os 8/18g). Learn more in this article written by Christopher Schrank & Klaus Winhofer.