Update regarding German Litigation

RNS Number : 2570K

888 Holdings plc

09 April 2018

 

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	[phone] [phone]
Hudson Sandler (Financial PR) Alex Brennan / Bertie Berger / Hattie O'Reilly	[e-mail]  or [phone]

 

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