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Bwin to halt Ongame business in the US

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The Austrian betting and gaming company said in a statement that it has decided to comply with the new US legislation and will no longer accept any new US-resident customers for its real money gaming products, effective immediately.

Bwin also said to be working on technical arrangements that will prevent existing customers from accessing Ongame\’s real money games.

“The greatly increased risk of prosecution by the U.S. authorities, the considerable pressure on banks and payment providers coupled with the requirements for publicly listed companies leave the company no other option,” the Austrian bookmaker said in a statement.

In separate news, Bwin announced that it will demand the German state of Bremen a compensation for damages and legal costs incurred by the online betting firm since it was banned from showing its logo on the shirts of the Bundesliga soccer side Werder Bremen.