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Swedish Horse-Racing Body Sues Unibet for $36 Million One thing monopolies have always proven to be deadly serious about: Maintaining their monopoly. Such was the case this week, as Sweden's horse-racing monopoly AB Trav Och Galopp (ATG) announced it is suing Malta-based online bookmaker Unibet for a reported $36 million, accusing Unibet of stealing information from its horse-racing database. According to ATG, Unibet has been illegally poaching its database without permission since the year 2000 – going so far as to say Unibet wouldn’t even be able to offer horse-race betting if it wasn’t using the ATG statistics. While over 300 media outlets and organizations are actually licensed to use the database, ATG alleges Unibet is not one of them as they don't have a signed agreement. ATG and Unibet apparently discussed one back in 2004, but no resolution has been forthcoming. ATG has thus decided to push the issue to the courts, believing it has a good chance of winning based on similar cases in the European Union. ATG claims the cost of building its database was more than $30 million, and reached the $36 million lawsuit figure as 10% of the money Unibet has made on horse racing since it started pilfering from the ATG database. |
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