5th of July 2012 Author: Glo Wood
Effective as of 4th July
As per the advisories published on the majority of sports betting information websites, UK online betting company188bet announced withdrawal from the German internet gaming market due to the recent legislative developments as per which operators are required to obtain a German gambling licence.
Starting from July 4, no German players will be accepted at 188bet, though the betting company has undertaken to honour all pending bets and account balances as at midnight on July 4, with a note that players will be reimbursed as their accounts are shut down.
The plan is to have all German accounts closed by July 18 regardless of prospective discussions in the country due to concerns about the constitutionality and EU legality of recent German treaty and legislative moves.
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