Darmstadt grants more German betting licences
The Regional Council has awarded sports betting licences to three more operators.
Germany.- The Regional Council of Darmstadt has awarded sports betting licences to Interwetten, Bet3000 and Betclic Everest’s Bet-at-home brand.
They join 15 other sports betting licensees that had already been revealed.
Bet-at-home and Interwetten have been awarded online-only licences, while Bet3000, via its IBA Entertainment holding company, has approval for retail betting as well.
The licences were issued as Germany moves ahead with transitional arrangements before the implementation of its new regulatory framework for gambling next July.
The new legislation opens online slots and poker for the first time, while existing operators will be tolerated under transitional rules provided they update their systems to comply with future restrictions by December 15.
Restrictions include a €1 per spin cap on slot stakes and a minimum five second spin speed.
The minister-presidents of Germany’s 16 federal states ratified the legislation at their annual meeting, but it must still be approved by at least 13 of the 16 state parliaments.
