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Three additional licenses in Germany | 08th December 2012 : WorldCasinoYellowPages

Three additional licenses in Germany, fresh agreement amid Cashpoint & Bundesliga, Roulette selected by Betradar

... 08 December 2012

Three additional licenses in Germany, fresh agreement amid Cashpoint & Bundesliga, Roulette selected by Betradar

In spite of the increasing vision of a fresh Federal State Treaty, three fresh licenses have been granted by Schleswig-Holstein, a state in Germany. The fresh applicants who have received licenses include Interwetter, Victor Chandler and bet90. With these three licenses, the total number of licenses has come to 15 in a state which is constantly contesting with the remaining licenses in the country.

Apparently, there was a transformation in the government of Schleswig-Holstein in the summer and the fresh administration at that time articulated their wish to cancel the earlier contract. The state has kept on granting licenses in the period in-between as if the licenses are going to expire. In case, the licenses are cancelled, the companies to which these licenses belong have given a warning that they will ask for reimbursement. This may make the situation too miserable.

As far as the administration of the state is concerned, they spoke out their disappointment that the contestants were awarded licenses in authorities known as Malta and Gibraltar which are exterior to the country. The chairman of one segment of association which is SPD party stated that they feel sorry once again because licenses have been issued to the betting managers in Gibraltar and Malta. He held the pitiable gaming rules responsible for this which was enacted by the earlier association. He assured that these rules will be cancelled shortly.

An agreement to finance Bundesliga club VfL Wolfsburg for the coming 30 months has been made by Cashpoint, the German online betting company. According to the contract, the Cashpoint has emerged as a second-level associate of the latest winners. The Cashpoint will have to spend €2million every year till the end of 2014-2015 movement. As stated by chief executive of Cashpoint- Michael Wondra, the association with VfL Wolfsburg as a portion of redirection of German sports betting market has given them suitable placement in the most admired confederation in Germany.

With the purpose of filling up the gap amid casino and facebook, the hottest production with Soccer Roulette has been made public by Betradar. The fresh live betting creation is based on the episodes which happen during a game. It is defined as a modern and humorous manner of communication for the clients. To direct clients towards their license holders is the chief purpose of the fresh creation. Bet365, 188BET, bwin, Betfair and William Hill which are the leading sports betting companies are among the license holders of the latest product.

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