Germany set to backtrack on Gambling laws
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.
Category: Betfair, Industry news
