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Pferdewetten de sets sites on aggressive German retail expansion

Pferdewetten.de AG, German horse racing's dedicated racebook, has secured new investor capital to bolster its business transformation programme. 

ProSieben to enter German betting market with Betsson

German State Treaty to come into force from 1 July after S-A approval

German State Treaty to come into force from 1 July after S-A approval 22nd April 2021 | By Nosa Omoigui Germany s State Treaty on Gambling, Der Glücksspielneuregulierungstaatsverag (GlüNeuRStV), has been ratified by the state parliament of Sachsen Anhalt, paving the way for implementation from 1 July. Sachsen-Anhalt’s approval was crucial to the GlüNeuRStV’s implementation as it will host a new regulatory authority, based in the city of Halle. Work to establish this body is underway, and sources suggest it will be fully operational by the end of 2022. Its parliament is the fifteenth out of 16 to approve the Treaty, with Nordrhein-Westfalen the final state to hold out. A minimum of 13 were required to ratify the legislation, which occurred in March when the Sachsen and Schleswig-Holstein parliaments gave their blessing. Saarland then became the fourteenth state parliament to do so last week.

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