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Mybet Group new Co-Sponsor and official exclusive sports betting partner of Borussia Mönchengladbach

George Miller

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mybet sponsors Borussia Mönchengladbach
Reading Time: 2 minutes

The mybet Group supports Borussia Mönchengladbach as new Co-Sponsor during the upcoming two seasons of the German football league Bundesliga. Therefore, a sponsoring contract has been signed by the club and the sports betting provider.

As official Co-Sponsor of Borussia Mönchengladbach and exclusive sports betting partner, mybet will be present in various ways in the stadium and within Borussia’s public communication. Part of the sponsoring package are, amongst other things, perimeter advertising within the stadium and the presentation of the mybet logo on the team bus, but also advertising measures in the club’s own online, print and social media channels, the Club.TV and radio programme as well as promotion options with players of the professional football team.

We are very pleased by this partnership with mybet as an established player in the sports betting market for more than 15 years“, said Guido Uhle, Director Sponsoring, Catering and Events at Borussia Mönchengladbach.

From mybet’s point of view is Borussia Mönchengladbach, a club with a long-standing tradition, presenting itself these days as a modern club aligned towards the international football business, that in spite of that is not losing its down-to-earth attitude and closeness to its fans. Because of the highly matching brand characteristics as well as the high brand awareness of Borussia, mybet’s decision in favour of Borussia Mönchengladbach was taken very easily.

Football is by far the most important sport when it comes to sports betting. As our newly developed online product platform is now operating, it was time for mybet to again be present on the stage of the football Bundesliga. With Borussia from Mönchengladbach we do support a club, whose image and development in the last couple of years fit our own goals perfectly“, said Markus Peuler, CEO of mybet Holding SE.

 

About mybet Holding SE

The mybet Group, licensed in several European countries, provides sports betting and online casino games with the headquarter located in Berlin and offices in Cologne and Malta. mybet offers its betting and gaming products over the internet platform mybet.com as well as in land-based betting shops operating under a franchise system. In addition, the group is supplying regional betting providers in Europe and Africa as a B2B service provider.
mybet Holding SE is the parent company of the mybet Group. The shares of mybet Holding SE (ISIN DE000A0JRU67) are listed on the Frankfurt Stock Exchange in the Prime Standard.
For further information, visit www.mybet-se.com | www.mybet-shop.com

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Compliance Updates

German State of Lower Saxony Issues First Federal Payment Blocking Order

Niji Narayan

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German State of Lower Saxony Issues First Federal Payment Blocking Order
Photo Source: spokesman.com
Reading Time: 1 minute

 

As a part of the efforts to drive illegal igaming business from the country’s market, the German state of Lower Saxony (Niedersachsen) has issued an international payment service provider with a blocking order. The companies have been banned from doing business with operators offering online casino, poker and lottery betting in Germany.

“[The] pressure is now on other payment providers to reorganise their businesses processes related to illegal gambling, if they have not already done so. Online casino is no trivial matter. [It is] banned by the State Treaty on Gambling and [offering such products is] a criminal offence. In the meantime, however, it remains a billion-Euro market,” Boris Pistorius, Minister for Home Affairs and Sports said.

The Niedersachsen Ministry of Interior handed the responsibility for implementing payment blocking controls. Its blocking orders are effective across all German states. The Ministry also sent warnings to a number of other payment service providers over links to illegal gambling. Some of these companies have already responded by ceasing to power transactions for offshore sites.

“The successful interactions with some payment service providers shows that our approach is quite effective,” Pistorius added.

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Daily Fantasy Sports

Kapil Dev Launches Apne11

Niji Narayan

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Kapil Dev Launches Apne11
Image Source: invoice.ng
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Kapil Dev, the former Indian cricket team captain, has launched a new daily fantasy sports platform named Apne11. He is the brand ambassador of the platform.

On Apne11, players can choose their own team from the players on the actual field and be awarded points in accordance with the performance of the selected team combination.

Apne11 also announced a launch offer wherein user will get 100% cash bonus deposits and an opportunity to play against Kapil Dev by participating in the Kapil League. The highest scorer on Kapil Dev’s leader board will win Rs. 25 lakh.

“The gaming industry is undergoing a revolution and with one of the world’s largest youth populations, India is poised to become one of the world’s markets in the gaming sector. We want to make daily fantasy sports game experience simpler and reach tier 2 and tier 3 cities,” Ratul Sethi, the founder of Apne11 said.

“The Indian market is the fastest growing fantasy sports market in the world, the market is projected to touch 5 billion in the next two years,” Roland Landers, the CEO of All India Gaming Federation said.

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Compliance Updates

Spelinspektionen Cancels Swedish igaming Licence of SafeEnt

Niji Narayan

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Spelinspektionen Cancels Swedish igaming Licence of SafeEnt
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Spelinspektionen has cancelled the Swedish igaming licence of SafeEnt, a wholly owned subsidiary of Global Gaming. Spelinspektionen has discovered “serious deficiencies in the company’s operations.”

“Overall, the gaming inspectorate’s review shows that SafeEnt has violated several of the most central parts of the game law, which are aimed at protecting players against excessive gambling. For example, customers have been able to spend large amounts of money without the company having reacted to what the duty of care requires. In addition, customers have been able to play well beyond their own deposit limits,” the regulator stated.

“The examination of the company’s actions against money laundering and terrorist financing also shows serious and systematic shortcomings. The violations concern deficiencies in the company’s risk assessment and measures for customer knowledge. In addition, the review of campaigns and offers shows that SafeEnt has offered bonuses on more than one occasion and that certain offers have also been lotteries that are not covered by the company’s licence,” Spelinspektionen added.

SafeEnt has described the measures it intended to take to correct the deficiencies, but the regulator said it believes the measures “are not sufficient and notes that SafeEnt lacks understanding of important parts of the regulations that govern the operations.”

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