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Four additional operators secure Schleswig-Holstein licence, Tom Victor and Robin Harrison EGR Magazine

Four additional operators secure Schleswig-Holstein licence, Tom Victor and Robin Harrison EGR Magazine | Poker & eGaming News | Scoop.it

Bwin.party, Bet365, Betclic Everest subsidiary bet-at-home and Malta-licensed operator Tipico have become the latest companies to receive a Schleswig-Holstein licence, allowing them to offer sports betting in the jurisdiction with immediate effect, with licences for poker and casino expected to be awarded “in due course.”

 

Less than a week before the CDU’s election failure, Betfair, mybet and Die NordwestLotto were announced as the first three operators to be granted a license in Schleswig-Holstein, and following today’s news another 24 operators are still awaiting news on their own sportsbook appilcations, with a further 17 having applied solely for poker and casino approval.

 

Other sources:

http://pokerfuse.com/news/law-and-regulation/new-schleswig-holstein-licenses-solidify-law-pave-way-online-poker-germany/

http://www.gaming-awards.com/NEWS/archives/9860

 

In 2011, the bwin.party Group generated total pro forma gross sports betting revenue of approximately €96.1m from Germany. Revenues generated under the licence will be taxed at the rate of 20% of gross gaming revenue.

http://www.bwinparty.com/Investors/FinancialNews/2012/120523%20Schleswig-Holstein%20Licence.aspx

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Jaxx sells lotto business after securing Schleswig-Holstein licence, Robin Harrisson

Jaxx sells lotto business after securing Schleswig-Holstein licence, Robin Harrisson | Poker & eGaming News | Scoop.it

German operator JAXX SE has completed the sale of its lottery business to a group of private investors for €12.5m. JAXX’s  is comprised of its JAXX GmbH (Hamburg), JAXX GmbH (Lustenau), Vendo Spielsysteme GmbH, flux.com Telewette GmbH and JAXX UK Ltd subsidiaries, JAXX domains, brand names and naming rights are also included and, as a result, JAXX SE will change its name to mybet Holding SE.

 

The decision to sell the lottery business was taken in order to allow it to focus on sports betting, casino and poker products. JAXX had become one of the first three operators to be awarded a licence to offer online sports betting in the northern Land of Schleswig-Holstein, alongside Betfair and Die NordwestLotto Schleswig-Holstein, with casino and poker approval expected to be handed out in the coming weeks.

 

Other sources:

http://www.igamingbusiness.com/content/jaxx-completes-lottery-sale

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