RaceBets has been granted a German horse betting licence by the German regulatory authority.
The current horse betting laws were introduced in July 2012 and RaceBets is the first German bookmaker to fully comply with the new regulations.
Patrick Byrne, RaceBets’ managing director, said: “We are delighted and exceptionally proud to be the first German bookmaker to receive the licence. The decision vindicates all the effort and hard work that has been carried out by the whole team, over the last few years, to achieve this milestone.”
