Tipp24 AG / Legal Matter

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Planned lottery state treaty violates anti-trust and European law

(Hamburg, 08.06.2007) On 8th June 2006, OLG Dusseldorf confirmed the 23rd
August 2006 decision by the Federal Cartel Office, according to which the
Deutsche Lotto- und Totoblock (German Lottery and Toto Group) group treaty
violates EC law. Particularly the regional restrictions are obviously
unlawful.

The implementation of the prohibition of regionalisation mainly affects the
core statements within the planned gaming state treaty. The European
Commission had also already informed the German states directly in two
separate letters that the planned lottery state treaty violated fundamental
market freedoms allocated by the European Union and European anti-trust
laws. Now this has also been confirmed by the Oberlandesgericht (Higher
Regional Court), which has confirmed the current legal position where the
regionalism principle – the formal restriction of lotteries to their
relevant state – violates European anti-trust law.

Jens Schumann, CEO of Tipp24 AG: 'This principle was meant to be a central
element of the new gaming state treaty. Now that the higher regional court
has confirmed the Federal Cartel Office’s decision, this is no longer an
option. We see this as a clear signal for the future of the German lottery
market.'

Germans and EU citizens can take part in any lottery of a country,
regardless of where the people happen to be located. The national lottery
companies are not permitted to restrict acceptance of internet bets and
other lottery bets to those made by residents within their own countries.

About Tipp24 AG: Tipp24 was established in 1999 and is now the market
leader for lottery products in the Internet on the basis of billings. The
company has succeeded in achieving impressive growth rates right from the
start. Almost all state lottery products are supplied. It only takes a few
mouse clicks to buy a lottery ticket – round the clock, quickly and
anonymously. The ticket receipt is kept safely, winners are notified about
their prizes automatically by text message and e-mail and prizes are
credited automatically. Subsidiaries of Tipp24 (www.tipp24.de) are
Ventura24 in Spain (www.ventura24.es) and Puntogioco24
(www.puntogioco24.it) in Italy.




Press Contact 
Tipp24 AG 
Andrea Fratini 
Head of Media and Public Relations
Tel.: +49 (0)40 32 55 33 - 660     
E-mail: presse@tipp24.de
Internet: www.tipp24.de/presse/ 



DGAP 08.06.2007 
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Language:     English
Issuer:       Tipp24 AG
              Straßenbahnring 11-13
              20251 Hamburg Deutschland
Phone:        +49 (0)40 325533-0
Fax:          +49 (0)40 325533-77
E-mail:       office@tipp24.de
www:          www.tipp24-ag.de
ISIN:         DE0007847147
WKN:          784714
Indices:      
Listed:       Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
              Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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