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Mybet Awarded German SportsBetting License

Wednesday September 3,2014 : MYBET AWARDED GERMAN SPORTSBETTING LICENCE
 
But does it hinge on rejected applicants appealing the Ministry's decision?
 
The Hesse Ministry of Interior and Sport has informed mybet Holding SE parent company Personal Exchange International Ltd (PEI) of its intention to award the company one of twenty sportsbetting concessions.
 
According to mybet, the Ministry will issue the licence on September 18, 2014, at the earliest, to allow for rejected licence applicants to seek legal recourse.
 
Sven Ivo Brinck, chief executive officer commenting on the award said:  "We are delighted at the news that our application ranks among the twenty best and that the ministry intends to grant a licence to our group company.
 
"It will necessitate adjustments within the company that present both opportunities and risks for our business operations.
 
"We also need to bear in mind that those parties whose applications for a licence have been turned down may appeal against the decision of the Hesse Ministry of the Interior by way of interim proceedings. That makes it uncertain whether the licences will be issued straight away in two weeks' time or only once any such proceedings have been concluded.
 
"It is also unclear whether and subject to what conditions the competitors whose applications have been rejected may continue to operate their sports betting range in Germany while court proceedings are still in progress. We will prepare thoroughly for every scenario."
 
It is believed the remaining nineteen concessions include European egaming giants such as Betfair, Ladrokes and bwin.party as well as local operators.



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3 Top Bitcoin Poker Sites - Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.

Kentucky Derby Odds: Justify still Favorite - With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.

$40,000,000 guaranteed Partypoker Powerfest - $40,000,000 guaranteed POWERFEST schedule released. 6th-20th May, 366 events, 13 events with $1,000,000+ guaranteed

888Poker Takes Over the States - With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?

Top gambling ICOs to watch this year - The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.

MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

Famous professional eSports player that turned into poker - It goes without saying that nowadays eSports is one of the fastest growing industries. However, similar to regular sports, the professional gamers are struggling to find themselves after their career is over.

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