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BWIN'S BID TO SUSPEND ONLINE GAMBLING BAN FAILS
Online gambling group Bwin had a disappointing result this week in its bid to get the German states' ban on Internet gambling suspended pending a federal court ruling on the issue.
The Cologne regional court turned down Bwin's suit, opening the company to fines if it does not comply, reports Reuters news service.
Bwin spokesmen confirmed the court decision but said the company would continue to offer its betting and gambling services despite the ruling. It reiterated its view that Germany's ban on Internet gambling violated European Union rules and it will continue to challenge it in the courts.
It may be well into 2009 before the superceding ruling of the Federal Court on the legality of the ban imposed by the states is known.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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