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German Gambling Ban Update
10/19/09 - The German state of Schleswig-Holstein could be about to break step with the 15 other German states with whom it signed the German Interstate Treaty on Gambling last year .
At the time, it was reported that fiscal imperatives were behind the Schleswig-Holstein decision to join the other states in the ban, despite its previous preference for a wider licensing system.
The initial signs of a possible break occurred last week following political moves that saw agreement between the ruling coalition Christian-Democratic Party (CDU) and the Liberal Party (FDP) in the region, and a statement calling for an end to the Treaty in favour of a regulatory regime more in keeping with European Union requirements for the free movement of goods and services.
Although this is unlikely to go down well due to the state-monopolised nature of the German gambling market, it would relieve determined pressure from the European Commission and trade bodies like EGBA as well as online gambling companies that see the German exclusionary policy as contrary to the principles of the European Union.
Jürgen Koppelin, the leader of the Schleswig-Holstein coalition, made a not-so-veiled threat that if the other parties to the German Treaty found that agreement on switching to a new regulatory system was impossible, the coalition would move toward a change that would see an intrastate licensing system.
Despite being currently in the minority, the Schleswig-Holstein development, which has the potential to liberate both land and online gambling from monopolistic dominance, will concern other signatories to the Treaty. The arrangement is due to expire in January 2012, and in the absence of full compliance by all 16 states, a renewal could be in jeopardy.
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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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