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Germany – TipWin receives licence to operate online horse racing betting in Germany

By - 10 April 2018

The state of Hesse has granted TipWin a licence to offer online horse racing betting in Germany with a licence that will run until 2021.

Ivica Batinic, CEO, said the licence was further evidence that Tipwin is on the right track financially and legally. In particular, it was fundamentally important for the company to comply with and certify the information security standard ISO 27001.

Furthermore, the state of Hessen has shown that it is possible to grant gambling licenses for online distribution as well. The stipulations in the secondary provisions are primarily of a qualitative nature and could theoretically also serve for a new regulation in the field of sports betting.

TipWin has been active as a sports betting provider in the German market since September 2014. TipWin is represented in 500 sports betting locations and is the exclusive sports betting sponsor on the German football teams Hanover 96 and Bayer 04 Leverkusen.

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