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German state issues more gambling permits
Wednesday August 29,2012 : SCHLESWIG HOLSTEIN ISSUES 5 MORE ONLINE GAMBLING LICENSES (Update)
Despite moves to repeal its regulatory law, German state issues more permits
The German province of Schleswig Holstein has brought the number of online gambling licenses it has issued to a round dozen with the approval of the latest five companies' applications.
888, Ladbrokes, two Admiral Sportswetten sites and Cashpoint Malta were the recipients Tuesday of sports betting licenses that expire on August 26 2018, making the legal position of the Schleswig Holstein coalition government more tenuous...and it is understood there are still at least another 22 or more applicants in the pipeline, two of which are currently suing the government for the delay.
The permits underpin an assurance by Interior Minister Andreas Breitner late last week that until the European Commission has approved the proposed law repealing the regulatory regime - a process that could take four or more months - SH is obliged to consider and act upon applications.
The regulatory authorities in SH have confirmed that they currently have 22 applications for sports betting licenses alone under active consideration.
“In addition 22 applicants are seeking a licence for online casino games such as poker and roulette,” a spokesman said Tuesday.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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