Entain-owned sports betting and iGaming brand bwin announced in a statement to its Russian customers it is shutting shop and leaving the country. The sportsbook went offline for maintenance over the past weekend and used the occasion to inform holders of accounts that the closure would be permanent. New Legislation Behind the Decision In a […]
Global sports betting and gaming group Entain plc announced today its wholly-owned Malta-based subsidiary Bwin Holdings tabled a cash offer of SEK40 per share to shareholders of Enlabs AB. Bid Unanimously Recommended to Enlabs Shareholders The proposed bid which values Enlabs at around SEK2.8 billion was endorsed by the Independent Bid Committee of the Nasdaq […]
GVC breaks ground into the German sports betting and gaming market with four landmark licenses. Others follow suit as Germany prepares to restart under the State Treaty on Gambling. Ladbrokes and Bwin Spearhead GVC’s Push in German Gambling Market Gambling behemoth GVC has become one of the first gambling operators to enter the German market […]
Bwin, Tipico and Bet3000 have been accused of operating illegal online casinos in Hamburg, as the Hamburg Interior Authority filed criminal complaints against them in a development that showed the glaring differences between the 16 German states ahead of the New Treaty on Gambling coming into force July 1, 2021. Germany States Divided Barely a […]
Visa has warned all of its banks and payment processor partners in Germany that it will discontinue its services regarding payments to and from illegal online gambling websites, claims a recent story in the German media outlet NDR. Online Gambling Still Illegal Online gambling in most of its forms in Germany is illegal according to […]
