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German States Agree on Gambling
December 15,2011 : But Schleswig Holstein says "no thanks"
After months of debate, fifteen of Germany's sixteen Lander (provinces or states) gave their approval on Thursday to a controversial new gambling law supposedly aimed at liberalising the heavily monopolised market, but de facto offering limited improvements on the old treaty.
The current draft of the law, which has been widely criticised, not least by the European Commission, allows for 20 sports betting licences and introduces a 5 percent gambling sales tax.
State premier Peter Harry Carstensen of Schleswig-Holstein, advised that Schleswig Holstein stood alone in not signing up for the new law, which he said still needs the approval of the European Commission.
Schleswig Holstein has taken a more progressive approach to gambling reform, framing its own more liberal regulations, which have been applauded by online gambling companies and approved by the European Commission.
The Reuters news agency reports that foreign betting companies from other EU countries have complained that the new German law would favour state gambling monopolies and limit their activities in the German sports betting market, which is estimated to be worth Euros 5 billion.
Major groups like Betfair have urged the EC to block any attempt by the German lander to perpetuate their monopoly and exclude competition.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
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Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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