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GERMAN COURT RULES IN FAVOUR OF BETTING MONOPOLY
Thursday, September 29, 2011 : "This sales venue (internet gambling) can be subject to stricter regulation" says Judge
A series of appeals brought by internet gambling companies including bwin.party Digital Entertainment Plc were dealt a blow today with Germany's Federal Court of Justice upholding a ban that prohibits private-sector companies from operating online gambling websites.
Germany's highest civil court ruled that the prohibition is justified to combat the dangers associated with gambling, reports Bloomberg.
“Because of the greater dangers of the Internet, above all anonymity, lack of social control and accessibility at any time, this sales venue can be subject to stricter regulation,” said Presiding Judge Joachim Bornkamm.
“The ban violates European rules and won’t last,” Bwin e.K. said. “A regulated market opening is the only way to combat the black market in Germany and to comply with EU requirements.”
Bwin e.K. is reportedly considering its options on whether to file a constitutional complaint although any ruling from this course of action would not be expected until the end of the year, around the same time that the 2008 German State Treaty lapses on December 31, 2011.
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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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