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Germany Sports Betting Association News Today : Breaking News, Live Updates & Top Stories | Vimarsana

German city to shut all betting shops amid money-laundering allegations

Shops have a week to appeal after failing to convince Bremen officials they are not fronts for crime

German City Shuts Betting Shops, Cites Money Laundering – ColorMag Pro Universal Market News

German City Shuts Betting Shops, Cites Money Laundering – ColorMag Pro Universal Market News
allenbwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allenbwest.com Daily Mail and Mail on Sunday newspapers.

Germany secures gambling regime change but stakeholders demand radical changes

Germany secures gambling regime change but stakeholders demand radical changes  Share Germany’s Fourth Interstate Treaty on Gambling (GlüNeuRStV)  is guaranteed to officially launch on 1 July, having been ratified by the Bundesländer (state parliament) of Saxony-Anhalt this Wednesday evening.  The Interstate Treaty had previously secured the required approval of thirteen states to launch Germany’s new federal regime regulating online gambling services. However, the approval of Saxony-Anhalt was deemed as essential to the Interstate Treaty’s ascension into federal law, as the lander is designated to house the regulatory agency overseeing German gambling laws and operator conduct. July will see the Interstate Treaty complete its near-decade long journey into existence, as in 2012 the Bundesrat (Federal Council) had approved for Germany’s Lander to agree and establish a new federal regime accounting for online gambling services.

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