SCHLESWIG-HOLSTEIN LICENCES UNDER PRESSURE?

Thursday June 7, 2012 : SCHLESWIG-HOLSTEIN LICENCES UNDER PRESSURE?
 
New Government to review online gambling regime
 
Speculation in the beginning of May on the validity of online gambling licences in the Northern-most German State of Schleswig-Holstein, following the election of a new coalition Government comprising the SPD, FDP and CDU, have resurfaced this week.
 
Reports are purely speculative but surmise that the change in Government may jeopardise the new online gambling licence regime in which seven licences were recently awarded.
 
Observers note that should the regime be abrigated, licencees may turn to the Government for some form of compensation.