Admiral Sportwetten quits German retail enterprise for lack of regulation



Novomatic subsidiary Lowen Group is withdrawing its Admiral Sportwetten model from the German retail sports activities betting market.

The corporate attributed the choice to Germany’s flawed playing laws, which have failed to offer authorized certainty and honest competitors available in the market.

Admirals 17 betting outlets in Germany have been closed since mid-March because of the COVID-19 pandemic and won’t reopen.

“Our withdrawal is the unhappy results of the failed German playing laws. As a personal sports activities betting supplier […]



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