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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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PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
China Lottery Sales Up in 2016 -
The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).
New chairman and a new director for 500.com -
Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.
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