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bwin.party received licence in Germany
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The British-Austrian betting company is allowed to operate online sports betting in the Northern German province of Schleswig-Holstein.
bwin.party received licence in Germany / Picture: © Novomatic
bwin.party said it has been awarded a licence to operate online sports betting by the Ministry of Interior in Schleswig-Holstein. The licence is effective immediately and is valid for six years.
Revenues generated under the licence will be taxed at the rate of 20% of gross gaming revenue. In 2011, the Group generated total pro forma gross sports betting revenue of approximately…
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