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German city to shut all betting shops amid money-laundering allegations

Shops have a week to appeal after failing to convince Bremen officials they are not fronts for crime The northern German city of Bremen is planning to shut down all of its betting shops after the interior senator said their owners had failed to convince him that they were not fronts for money laundering. Bremen, Germany’s smallest city-state, announced on Wednesday it had issued rejection notices to 32 establishments that had applied for betting licences under a new gambling law, meaning any bets placed on their premises would with immediate effect be deemed illegal. Continue reading... always shares this Contents with License.

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