BetVictor-powered BildBet app to launch 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