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Delay In German SportsBetting License
Thursday January 23 ,2014 : BUREAUCRACY CONTINUES TO DELAY AWARD OF GERMAN SPORTS BETTING LICENCES (Update)
Sense of deja vu as another round of applications looms.
41 applicants for the 20 sports betting licenses scheduled for award by the German Interior Ministry have been asked to resubmit their applications to better conform with the Ministry's requirements.
It must be a frustrating experience, but one which is inescapable if applicants are to satisfy the slow-moving and apparently pedantic German bureaucracy at the Interior Ministry, which has been in charge of the process since 2012.
In November 2013 the Ministry declared that none of the 41 applicants had met its requirements, hence the need for another round of applications, this time with the guidance of officialdom and with a deadline for submission of mid-March.
That will be followed by further delays - possibly of months - as the Ministry digests the information and comes to a decision.
Long story short - don't expect to see licence awards anytime soon.
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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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