Online gaming firm Sportingbet Plc (SBT.L) said it would appeal an injunction against it sought by Spanish casino group Codere (CDRE.MC), aimed at restricting online betting and gaming in that country. In December, the Spanish company had sought several injunctions against companies operating in the online betting and gaming industry citing unfair competition before licences under new laws were about to be issued. "Sportingbet firmly believes that Codere's injunction application was based on erroneous information presented to the court and is a blatant attempt to disrupt the market in the run up to the issue of licences," the company said in a statement.
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