Feed / Enforcement & compliance
By The Weekly Edge desk ·
Frankfurt investigators halted a suspected illegal online gambling operation, ISA-Guide reported. The reported stakes totalled €5.86bn.
Frankfurt investigators halted a suspected illegal online gambling operation with reported stakes totalling €5.86bn.
Request a correction / right of reply
Same companies, regulators or market.
The penalty is due despite a possible appeal, showing the GGL can enforce against alleged promotion of unlicensed gambling.
The GGL’s finding identifies unlawful elements of FIFA’s previous World Cup ticket sales process, highlighting regulatory concerns.
German authorities dismantled an alleged unlawful online casino network reported to have handled wagers exceeding €5.86bn.
The investigation concerns platforms allegedly accepting wagers without German authorisation and involves asset measures worth approximately €82m.
German enforcement targets an alleged €6bn illegal gambling network following an investigation lasting more than three years.