German online betting operator Mybet has reached an out-of-court settlement in its decade-long legal fight with a rival operator over alleged cartel infringement.

On Monday, Mybet announced that it had reached an €11.8m settlement with Westdeutsche Lotterie GmbH & Co. OHG (Westlotto) over what Mybet insisted was the “illegal boycott of its business by the German Lottery and Pools Organization, in breach of competition law.”

In 2014, a Düsseldorf court awarded Mybet subsidiary SWS Service GmbH damages of €11.5m plus interest. Westlotto appealed the ruling, but the German Federal Supreme Court recently referred the case back to the Düsseldorf court. The settlement calls for Mybet to retract its claim, thereby ending the matter.

Mybet said it expects the €11.8m payment to be made sometime this quarter but Mybet will only receive around €4.9m of this sum, due to the requirements of the interim financing with profit participation deal the company entered into with an undisclosed third party last autumn.