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Schleswig-Holstein approves new gaming legislation….just

14th September 2011 12:13 pm GMT

Shares in bwin.party digital entertainment and Germany's JAXX soared today after the state parliament of Schleswig-Holstein narrowly passed its new gambling legislation.

The ruling FDP-CDU coalition government of Schleswig-Holstein pledged in 2009 that it would work to bring an end to the current gaming monopoly under the State Treaty and open the market to private competition, as a means of better protecting consumers and ensuring continued contributions for sports.

Germany’s State Treaty on Gambling is set to [...]

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