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Premiere folds gambling channel

5 Dec 2006

GERMANY -- As reported by Variety: "Paybox Premiere is pulling the plug on its much ballyhooed gambling channel Premiere Win due to the legal uncertainty of gambling offerings in Germany.

"Premiere ended its partnership with U.S. gaming firm Magnabet, which was the basis of Premiere Win.

"...In Germany, three federal states have imposed bans on commercial betting, making the overall gaming market a risky venture..."

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