BetVictor and Bild announces that BildBet sportsbook will launch in Germany under the country’s new licensing regime in December.
The issuance of licenses 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 licenses. BetVictor will offer a legally regulated betting service in accordance with the new state treaty on gambling that seeks to safeguard gamer and youth protection.
It will provide Bild-branded betting services as part of a “strategic brand cooperation” between the pair.
BetVictor said in a statement: “Bild is known for [its] unique sports reporting and enthusiasm for sports. Through the collaboration with BetVictor, this shall now be expanded in the form of an attractive and user-friendly betting service.”
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.
BetVictor is a long-established online gambling company licensed in Germany, the UK, Ireland, Malta, Gibraltar, and the Isle of Man. Founded in 1946, the privately-owned company, with its headquarters in Gibraltar and tech hubs in London and Budapest, employs more than 550 people worldwide.