Tag Archives: Hesse

GVC shows global depth countering UK retail realities

FTSE100 GVC Holdings Plc has this morning published its ‘post-close’ interim H1 2019 trading update, citing strong online growth as the company continues to adjust to UK FOBTs retail realities. Despite competing against a tough comparative period featuring World Cup 2018 trading, GVC maintained its digital momentum to record a group H1 2019 NGR of +17%, helping the firm to period …

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Bundesrat moves forward on complex German licensing framework

Germany’s sixteen federal states have approved the mandate of the ‘third amended Interstate Treaty on Gambling’, paving the way for a new national licensing regime to be implemented. Agreeing on Bundesrat (Federal Council) directives, the northern state of Schleswig-Holstein will be allowed to continue it’s operating its state-sanctioned online gambling regulatory regime allowing a number of licensed incumbents to continue …

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German-16 to vote on revamped interstate gambling treaty

Betting leadership eyes turn to Germany, as momentum appears to be gathering on the nation finally revamping its gambling framework. German news reports detail that the nation’s sixteen state assemblies have agreed to put forward the draft mandate of the ‘Third Interstate Treaty on Gambling’ – seeking to develop a federal framework/code on regulating wagering services. Central to the revamped …

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Germany rejects EC rulings and approves betting 2nd State Treaty

Despite being deemed a ‘non-viable solution’ by the European Commission, the German Bundestag (lower-house) yesterday approved the progression of 2nd Modified State Treaty on Gambling (Glücksspieländerungsstaatsvertrag). Progressing the treaty, which allows a ‘transitional arrangement’ for bookmakers to offer online betting services as the German government revamps its national gambling framework expected in 2018. Last October, German officials presented the Second …

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DSWV appeal to see change in German betting regulation

The German Betting Association (DSWV) has made an appeal to the government regarding the terms of the latest Gambling Treaty Amendment. This forms a part of the lengthy and ongoing battle to reform and better regulate sports betting in Germany. The amendment to the State Treaty provides the introduction of a quality approval system for sports betting providers. This followed …

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NEIN! EC states the German amended betting treaty is unfit for business purpose

Hopes of progressing Germany’s licensed sports betting agenda have been further dashed by the European Commission, who have dismissed new legislation presented in the ‘Second State Treaty’ as a ‘non-viable solution’.   Pressured by industry stakeholders and sporting bodies, German officials rushed to present new amendments to the EU last October, with the purpose of amending the national gambling framework …

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Germany proposes new gambling treaty amendments to EU officials

German government officials appear intent on amending the country’s controversial sports betting regulatory provisions, notifying European Union courts of wholesale changes to its ‘State Treaty on Games of Chance’. Pressed by industry stakeholders and sports bodies, German regulators have drafted a ‘Second State Treaty’ with the purpose of amending current gambling regulations. Notifying EU officials, the proposed treaty aims to …

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Voranzutreiben…German states to work on cohesive online gambling framework

German lawmakers appear to have reached an interstate agreement on the creation of a new national gambling framework which will abide with European Union business and competition laws. Last Friday, at its annual ministerial conference in Warnemünde, a press release was published detailing that Germany’s 16 states would work towards a treaty for gambling focusing on effective online gambling/sports betting …

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Industry cold on Hesse temporary licenses

Germany’s Hesse Ministry will allow online betting operators to apply for temporary licenses, while national regulators seek to overhaul the country’s licensing and regulatory framework. Updating industry stakeholders, Hesse courts will allow national and international operators to apply for ‘orders of tolerance’ until the 15 November. If approved, betting operators will be allowed to service online betting provisions to German …

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Deutsche Telekom terminates betting subsidiary TIPP3

Just one year after launching its German sports betting enterprise TIPP3 (Tipp3.de) European telecommunications giant Deutsche Telekom has terminated its subsidiary, following reports of significant underperformance. In April 2015, Deutsche Telekom governance announced that it had entered the German sports betting market, acquiring a majority 64% stake in Tipp.de Sportwetten GmbH owned by Deutsche Sportwetten, who would continue to manage …

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