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Source: BUS Sachsen-Anhalt (Linie6PLus)

Bookmaker (Betting) - Permission

Description

If you want to make or broker bets on public horse races as a bookmaker, you need a permit.
Permission is granted for

  • the location where the bets are accepted or brokered, and
  • the people you use to conclude and broker the bets.

Permission can be granted with time limits and conditions.

  • Certificate of good conduct (not older than three months) – in the case of legal persons, by the person(s) acting on their behalf
  • Proof of at least two years of practical activity in the bookmaking trade as a bookmaker's assistant of a licensed bookmaker. The applicant can also provide proof of professional competence in other ways, in which case a statement from the German Bookmakers' Association must be obtained.
  • Proof of equity in the amount of EUR 25 000.00. In doing so, the applicant must prove that this is not partly borrowed money or capital from a partnership of third parties.
  • for legal persons (GmbH):
    • Shareholders' Agreement
    • Excerpt from the commercial register
  • Floor plan drawing of the betting acceptance point and photocopy of the rental agreement (proof of ownership if applicable) for this business premises

The text was automatically translated based on the German content.

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