International IGaming News: Spain, Germany & US States New Jersey & Illinois
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SBR analyst Natalie Rydstrom discusses the recent International iGaming News reporting on:
BetFair launching sportsbook and racebook software for UK customers:
The fixed odds sportsbook and racebook software was developed by company OpenBet and allows BetFair’s customers to bet ‘whatever way they choose’
Three companies pay Spain millions in back-taxes:
Betfair agrees to pay approximately 10 million euros in back-taxes to Spanish authorities ahead of their scheduled e-Gaming licence on June 1st. Rival company Sporting Bet is to pay 17 million euros, whilst Bwin Party is slated to pay a whopping 33 million euros.
Four new operators awarded gaming licenses in Northern Germany:
Four new operators have been awarded gaming licences in the Northern German state, Schleswig-Holstein. Bwin party, Bet365, Bet-At-Home and Tipico are the latest companies to be issued the six-year licence.
Governor Christie is in support of sportsbetting:
When speaking out at a news conference regarding New Jersey’s goal to offer sports betting in Atlantic City. Governor Christie had the following to say:
“If someone wants to stop us, then let them try to stop us. We want to work with the casinos and horse racing industry to get it implemented.”
The Governor stated that he expected there to be legal action taken against New Jersey in their efforts to legalize sports betting; but expressed confidence that the state would move forward as planned.
Illinois votes 69 to 47 in favour of a gambling bill:
Th Illinois House voted 69 to 47 in favour of a bill that will license five new casinos and permit slot machines at horse racing establishments.
Illinois Senate President John Cullerton however is strongly in support of ONLINE gambling in the state, introducing a bill on May 14th calling for the creation of a Division of Internet Gaming which would be administered under the supervision of the Department of the State Lottery.
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