German online betting operator Bet-at-Home.com AG Group has become one of the concession holders in its home country.
The regional council in Darmstadt granted the application of the company for a nationwide concession for sports betting on Monday of this week. It now has monthly betting limits of €1,000 per customer that may be increased to €10,000 and to €30,000 for a limited number of customers, provided that certain criteria are met and loss limits observed.
The group will have a betting programme coordinated with the authorities and will operate with provision deposit limits until the customer verification processes are completed. At the same time, the conditions permit connection to databases and player protection requirements have to be met.
The company has 5.3 million registered players and is listed on the Frankfurt Stock Exchange. It covers sports betting, poker, casino, games and virtual sports. Bet-at-Home has companies in Germany, Austria, Malta and Gibraltar. It is part of the Betclic Everest Group, a leading French company in the online gaming and sports betting business.
