Mybet reaches 11.8€ million settlement win over Westlotto

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Mybet Wins 11.8€ Million Settlement Over Westlotto

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OHG (Westlotto) had according to Mybet "held an illegal boycott of its business by the German Lottery and Pools Organization, in breach of competition law".

How Did the Court Proceed?

The first allegations arose more than a decade ago and in 2014 a Düsseldorf court had ruled that Mybet should receive 11.5€ million in compensation, plus interest. Westlotto had appealed against the ruling, however the German Federal Supreme Court, recently referred the case back to the Düsseldorf Court. Mybet agreed to a settlement, as long as Westlotto awarded them 11.8€ million, something that was consequently accepted.

Mybet expects the €11.8m payment to be made sometime this quarter. Despite that, they are projected to only receive around €4.9m of this sum, due to an interim financing profit participation deal they entered, with an undisclosed third party last autumn.

Panos Kotsimpos

Betting Expert

Articles 451

A Bit About Panos

I’m a seasoned Betting Expert with over 17 years of experience in online gambling media and marketing. Since 2008, I’ve covered everything from football and fighting sports to casino and sportsbook reviews, always focusing on accuracy, value, and player safety. I also spent four years as an Online Acquisition & Marketing Senior Specialist at one of Greece’s most prominent operators, gaining a deep understanding of player behavior, funnels, and how bookmakers really operate. My work has been featured across major iGaming outlets, including Bookmakers.bet. Having played on countless betting sites myself, I specialize in exposing scam bookmakers, identifying the trustworthy ones, and spotting real bonus value that helps bettors bet smarter and safer. And yes, I’m a huge Arsenal fan.