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Bwin loses Germany online gambling case, betting continues

 Online gambling company Bwin has lost the case with German state North-Rhine Westfalia, but will continue offering betting services to its residents, it was announced today. In the aftermath of Germany's crackdown on online betting, the online gambling firm Bwin filed a case with local courts, requesting North-Rhine Westfalia to suspend the execution of an online betting ban in the state, pending a Federal Court ruling on the issue. The court, however, rejected the suspension request on Thursday, it was reported.

 The state's lottery, Westlotto, which is the online gambling monopoly in North-Rhine Westfalia, said that the sports betting website faces fines if continues to operate in the state. Representatives of Bwin, however, said that the online gambling company would continue to offer its betting and gambling services, despite the ruling, adding that Germany's ban on online gambling violated European Union rules and it will continue to challenge it in courts. After the ruling shares of Bwin (BWIN.VI) fell by as much as 7%.

 Published on 09/12/2008

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