Continuing its planned European market expansion, US daily fantasy sports (DFS) operator DraftKings has launched its services in Germany. The DFS operator enters the German sports market, through its recently secured Malta Gaming Authority (MGA) ‘Controlled Skill Games Licence’ which was granted to DraftKings operations this March. Having officially launched its DFS services within the UK betting market in H1 …
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Despite rumours of a potential public offering, Austrian gambling group Novomatic is reported to be eyeing a German market expansion for its Admiral Sportwetten retail betting subsidiary. Industry news source InterGame reports that Novomatic governance are studying potential market entry options with the firm seeking to quickly establish the Admiral brand within the German retail sector. Stated its intent, Novomatic …
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Malta-based European sports betting operator, Tipico Group (Tipico) has confirmed that Deutschland Marketing Director Christian Gruber has resigned from his executive position. Updating stakeholders, Tipico governance informed that Gruber would leave the company on 15 April, to pursue ‘new career challenges’. Gruber has served as marketing and communications lead for Tipico’s German division since April 2014. During his tenure, the …
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As announced last week, Frankfurt Xetra-listed European online bookmaker mybet Holdings has launched its new IT platform (date 21 March), which will revamp its sports betting and online casino product offering. Nearly two years in development, mybet’s IT platform represents the operator’s biggest ever infrastructure commitment. Following its official launch, mybet governance stated the platform would support an ‘enormously enlarged …
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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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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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The German Bundestag (lower house of parliament) has strengthened the nation’s code on match-fixing and sports corruption by introducing new laws that make it a ‘crime to conspire to fix sporting events’. Passing its new regulations which set tougher sentences for individuals found guilty of attempting to unlawfully influence an event, Bundestag laws may hand out sentences of up to …
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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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Frankfurt-listed European sports betting operator bet-at-home AG, closes a year of high marketing activity as the company seeks to expand its services and coverage within its core markets of Austria and Germany. Presenting its full-year 2016 financial results (period ending 31 December), bet-at-home reported that it had achieved a ‘new record in gaming and betting volumes’, with the company recording …
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DraftKings recently became one of the first DFS operators to secure a Maltese Controlled Skill Gaming licence. It didn’t take long for the company to reveal its European plans for 2017 either with a German launch planned for Q1. The operator entered the UK space around a year ago and the mega merger with FanDuel is expected to be fully …
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