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GERMAN COURT ENDS WESTLOTTO-BWIN LEGAL DISPUTE
bwin welcomes judgment by German Federal Supreme Court
In a six year legal wrangle where Westdeutsche Lotterie GmbH & Co OHG (Westlotto) applied for an injunction against online gaming provider, bwin International Ltd., seeking to prevent the company from organizing, mediating and advertising sports betting, casino and lottery games in Germany, the country's Federal Supreme Court passed judgement in favour of bwin.
Following previous judgements in February 2008 and July 2010, Germany’s highest civil court has this week, once again, ruled that Westlotto cannot obtain injunctive relief against online gaming offerings.
“We welcome the judgement by the German Federal Supreme Court, and are glad that we will have to spend less of our time in courtrooms in the future. Now we can concentrate on developing modern regulations for online gaming in Germany", commented Norbert Teufelberger, Co-CEO of bwin.
"We are optimistic that Germany will follow the example of other European states like Italy and France. As in the United Kingdom, both these states have regulated the opening-up of their markets in such a way as to take into account both market circumstances and the need for gamer protection and combating fraud.
“We shall continue to constructively support the positive regulation of online gaming, contributing the extensive know-how that we have acquired, not least as a licensed provider in newly regulated markets like Italy and France.”
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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