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More job losses in Germany
 April 1, 2009, 3:39 am (2 years ago)The catastrophic effects of Germany’s exclusive gambling policies under the German Interstate Gambling Treaty were introduced this week in a press release from the key German Internet lotto supplier Tipp24 AG. Being expelled from the country, the company has shifted its business to the UK where business can progress forward efficiently, letting go 139 out of 154 German jobs consequently.
When the 2nd stage of the State Treaty on Gaming became effective on 1 January, 2009, Tipp24 AG was forced to radically cut its business activities and stop its preceding internet-based brokerage business for partaking in games managed by ‘Deutscher Lotto- und Totoblock’ as a consequence of banning issued by the new gaming legislation, as said by the statement.
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