Germany set to backtrack on Gambling laws

30/07/2012 | By More

Recently the Germany state of Schleswig-Holstein, to much fanfare, announced the licensing of three operators in it’s territory, myBet, Betfair and Nordwest Lotto. Three weeks later, operators Bwin, Bet365, BetAtHome and Tipico were also approved with their gaming licenses.

However the state recently announced a shock decision to return to German’s Interstate Gambling Treaty. Ralf Stegner had the following to say according to EGR:

“We are beginning to clear the minefield in the German gambling legislation left by our predecessors in Schleswig-Holstein. We will take all the time we need [to change the existing legal framework]. But in the end, Schleswig-Holstein will join the other 15 states under a common gambling law,”

So it looks like it was all over before it has even started. A disappointing outcome.

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Category: Betfair, Industry news

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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