Sportsbook

BetVictor-powered BildBet app to launch in December

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Operator BetVictor and German tabloid newspaper Bild have announced that their BildBet sportsbook will launch in Germany under the country’s new licensing regime in December.

As reported by iGB last week, BetVictor’s sports betting licence covers a number of domains for Germany’s leading tabloid, including Bild-Bet and Bild-Sportwetten.

It will provide Bild-branded betting services as part of a “strategic brand cooperation” between the pair.

“Bild is known for [its] unique sports reporting and enthusiasm for sports,” BetVictor said. “Through the collaboration with BetVictor, this shall now be expanded in the form of an attractive and user-friendly betting service.”

The issuance of licences by the Regional Council of Darmstadt comes after a court threw out an April judgement that forced a halt to the licensing process and ends years of uncertainty for operators in Germany.

In total, 15 licenses have so far been issued, of which four were online-only licences. 

The Regional Council will now look to work through the 46 applications filed since the start of the application process on 2 January.

The new licensees including BetVictor must integrate with national self-exclusion system OASIS and betting markets must be approved by the Regional Council. 

A €1,000 monthly spending limit for sports betting customers, and an €100 annual cap on bonuses, will also be in force.

However, customers may be able to increase their spending limit to €10,000 or €30,000 if they pass certain due diligence checks.

Image by Hendrike 21:23, 28 August 2006 (UTC) – Own work, CC BY-SA 2.5