9 Apr 2018 10:00
888 Holdings plc
('the Company')
Update regarding German Litigation
The Company has previously reported that a subsidiary of its group of companies (the 'Group') has been the subject of a ruling on appeal by the German Federal Administrative Court which upheld an order prohibiting the provision of online gaming services in the German state of Baden-Württemberg.
After consulting with legal counsel, the Group's subsidiary has filed a constitutional complaint with the German Federal Constitutional Court in which it has asserted its position that the ruling of the German Federal Administrative Court infringes its constitutional rights, as well as its rights under EU law (including the freedom to provide services), and hence should be reversed.
The Company will continue to closely monitor the legal and regulatory developments in Germany and their implications on the status and of its offerings in this market.
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Contacts and enquiries
888 | |
Itai Frieberger, Chief Executive Officer Aviad Kobrine, Chief Financial Officer | +350 200 49800 +350 200 49800 |
Hudson Sandler (Financial PR) Alex Brennan / Bertie Berger / Hattie O'Reilly | 888@hudsonsandler.com or +44(0) 207 796 4133 |
888 Holdings (888)