ComeOn Group receives German sports betting licence

ComeOn Group has received a sports betting licence in Germany, allowing it to operate three different brands in the market.

The operator was included on German state Sachsen-Anhalt’s “whitelist” of licensed operators, which is updated once a new operator is licensed in Germany.

ComeOn will offer games on the websites sunmaker.de, comeonwetten.de and mobilebet.de.

This is ComeOn Group’s first entrance into the German market after the country’s Fourth State Treaty (GlüNeuRStV) came into force last year on 1 July last year.

It permitted online casino games to be legalised, as the country had previously only allowed online sports betting as approved by the Third State Treaty. However, currently only one online slots operator has a licence.

The GlüNeuRStV also introduced a number of strict measures for operators, including a €1 stake limit for online slots and a €1,000 loss limit that applies across all customers. Looking specifically at sports betting, in-play bets are limited to match winner markets and total goals scored.

Last week Kindred withdrew from the German market, stating that it had rescinded its applications for sportsbook and virtual slots licences amid these difficult operating conditions. The withdrawal will take effect from 1 July.

Also as a result of the strict rules, all of Germany’s 33 licensed sports betting operators joined together to launch a lawsuit protesting the operating conditions..

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Author: Raymond Fleming