pushes for clarity on German gambling rules - 10th
Digital Entertainment PartyCasino.com
digital entertainment said Germany should allow online
gambling companies to compete on a level playing field
with locally based operators.
company, the world's largest listed online gaming
group, also said trading since the end of September
had been in line with management expectations.
win margins in sports betting returned to more normalised
levels in November after a very strong run of results
in October," the company said.
by the 2011 merger of Bwin and PartyGaming, the company
forecast EBITDA margins of between 19.5 and 20.5 percent
for the full-year 2012 and 65 million euros (52.8
million pounds) of synergies in 2013.
was one of 12 operators given six-year licences in
December to operate online casino and poker games
in the northern German state of Schleswig-Holstein.
pressed its case for more liberal betting rules across
Germany, its largest market.
is now a question over how the existing regime in
Schleswig-Holstein can co-exist with the alternative
system proposed by the other 15 Laender (German states)
that seeks to allow sports betting only and with significant
additional restrictions for the online offer, restrictions
that do not apply to land-based operators," the
company is also concerned that Schleswig-Holstein
is considering reversing course to fall back into
line with the rest of Germany.
we welcome the move to regulate the online gaming
market in Germany, this must be in a consistent and
coherent manner in-line with EU law," the company