Pferdewetten.de AG, German horse racing’s dedicated racebook, has secured new investor capital to bolster its business transformation programme. The capital is required for Pferdewetten.de (Horsebets.de) to launch a new retail subsidiary to support its online platform upgrade and to further expand its Sportwetten.de (Sportsbets.de) subsidiary. Publishing an H1 interim update, Pferdewetten.de disclosed that existing shareholders had generated €5.1m in working …
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AgeChecked – Germany offers operators no grace period on age-verification requirements
Germany follows the Netherlands in placing age verification as the critical compliance component of The Interstate Treaty on Gambling to be fully enforced from 1 July 2021. Though final compliance requirements are yet to be settled, Germany’s sixteen Länder (regional councils) remain adamant that new federal gambling regime will carry a zero-tolerance policy on age-verification infringements, summoning licence suspensions and …
Read More »Tipico temporarily suspends affiliate programme
Leading German online bookmaker Tipico Sportwetten has confirmed the temporary closure of its affiliate marketing programme. Posting a notice on its website, Tipico marketing disclosed that it will no longer accept new sign-ups and registrations to promote its products and services. Tipico’s statement read: “Until further notice, Tipico’s affiliate programme will be suspended and no new registrations are possible.” The …
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