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Schleswig-Holstein issues five more licences

Northern German state has authorised more operators including Ladbrokes and 888 Holdings to offer online sportsbetting services.

Thursday 30th August 2012

After issuing its first instalment of online sportsbetting licences in early-May, the northern German state of Schleswig-Holstein has authorised a further five licences despite efforts to return it to the controversial State Lottery Treaty. Schleswig-Holstein passed new legislation for the regulation of online gambling in September of last year instead of joining with the nation’s remaining 15 states five months earlier and amending the current governing State Lottery Treaty. As a result, operators licensed in Germany’s northernmost territory can now offer online sportsbetting services. The most recent raft of licensing has seen leading operators Ladbrokes and 888 Holdings join with seven other previously confirmed firms including betting exchange and online casino operator Betfair, Jaxx AG subsidiary mybet and state lottery firm NordwestLotto in being able to offer online sportsbetting services. In addition, Novomatic Group has received authorisation for its local and Austrian Admiral Sportwetten subsidiaries while Cashpoint Malta Limited rounds out the list. The five new online sportsbetting licences are set to be valid until August 26, 2018 while authorities in the state confirmed that they are currently considering similar applications from as further 22 companies.

Source: OnlineCasinoNews

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