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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.
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Gambling News :
William Hill Chairman Not Stepping Down -
There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.
Canadian Lottery Looking at Online Gambling -
The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.
Red Riding Hood Online Slot Launched -
The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.
Super Heroes Slot Launches -
When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.
Playngo in Deal With Betclic Everest Group -
Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.
2016 Italian Poker Tour main event in Malta -
After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.
Betradar in Deal with OPAP -
Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.
2016 888poker Make It Big Tournament -
A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.
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