UPDATE 2-Sportingbet to appeal Spanish injunction
* Says injunction effective March 27
* Expects licence from Spanish gaming regulator by May 25
March 27 (Reuters) - British online gaming firm Sportingbet Plc said it would appeal an injunction against it sought by Spanish casino group Codere, 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.
"Codere has an axe to grind about supposed unfair competition, which is blatantly wrong and misleading," Sportingbet spokesman George Hudson told Reuters.
Online gaming in Spain was legal but unregulated until new laws came into effect last year.
All of Codere's requests for injunctions were rejected by various Spanish courts, except the one brought against Sportingbet, where the court sided with Codere despite Sportingbet defending its position at a hearing last month.
The injunction came into effect March 27, Sportingbet said. Continuación...