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Business
July 3, 2020
Germany: 50% Gambling Market Revenue Growth Projection by 2024
Revenue in Germany is expected to reach €3.3 billion by the end of 2024, a market projection from Goldmedia suggests. The company that specializes in the media, gaming, and entertainment industries and has more than 20 years of actively supporting national and foreign clients also sees a drop in 2020 revenues of up to 11.9%. […]
Legal
June 25, 2020
Hamburg Chooses Enforcement Actions Against Online Casinos
Bwin, Tipico and Bet3000 have been accused of operating illegal online casinos in Hamburg, as the Hamburg Interior Authority filed criminal complaints against them in a development that showed the glaring differences between the 16 German states ahead of the New Treaty on Gambling coming into force July 1, 2021. Germany States Divided Barely a […]
Business
May 28, 2020
Germany: Visa Card Payments Unavailable for Online Gambling
Visa has warned all of its banks and payment processor partners in Germany that it will discontinue its services regarding payments to and from illegal online gambling websites, claims a recent story in the German media outlet NDR. Online Gambling Still Illegal Online gambling in most of its forms in Germany is illegal according to […]
Legal
May 16, 2020
Bremen’s Audit Committee Reviews Bremer Toto and Lotto’s Ads Practices
BTL targeted by the Bremen’s Audit Committee due to contentious advertising practices. Scientific Games extends partnership with LOTTO Thüringe for 3 more years. Bremen’s Audit Committee Sought Unacceptable Advertising Practices by BTL The state lottery operator of Germany’s Bremer state, Toto and Lotto (BTL), was warned over unacceptable gambling advertisement practices by the Bremen’s Audit […]
Legal
May 4, 2020
Sports Book License Applications Still Welcomed in Germany
The sports betting license process in Germany will continue despite being legally blocked by the court, as the licensing body, the Darmstadt Regional Council, announced last week it would continue to accept new sports book applications. Third Amendment The third amendment of the State Treaty on Gambling, effective January 1, 2020, tasked the Darmstadt Regional […]
Business
April 25, 2020
Gauselmann Prepares to Re-Open As Germany Eases Back from Restrictions
German gaming technology and equipment manufacturer Gauselmann Group has been preparing its production and gaming facilities for an earlier opening, encouraged by the recent developments in the country where the federal government starts to ease back the economy from the restrictions. Production, Sales and Gaming Closed Due to the coronavirus spreading concerns, Gauselmann closed down […]
Legal
April 3, 2020
Legalization of Sports Betting In Germany Court-Challenged and Blocked
The legalization of sports betting in Germany has hit another snag, as the Darmstadt Administrative Court halted the process, casting serious doubts whether operators would ever take any bets under the third amendment of the State Treaty on Gambling, the Glücksspielneuregulierungstaatsvertrag /GlüNeuRStV/. Discriminatory Process, Lack of Transparency Much to the dismay of the Deutscher Sportwettenverband […]
Legal
March 15, 2020
Germany’s Head Of States Approve New Gambling Regulations
Germany has agreed to legalize online poker and casino on a state level, after all head of states, in a recent meeting in Berlin, approved the formally agreed gambling regulations. In addition, the 16 states decided on the location of the new regulatory body for the country. Poker Players, Hold Your Horses Online casino and […]
Business
February 10, 2020
Germany Sports Betting Financial Report Shows Impressive Numbers
The sports betting market in Germany is gathering pace, at least according to the recently published report by the Federal Ministry of Finance, which shows an impressive 21% growth in 2019, a year with no major international football tournaments, generating €9.3 billion in total, resulting in almost €500 million in taxes. No Legal Sports Betting […]
Legal
January 24, 2020
Germany Planning to Reduce Online Slots Betting Limits to €1 – Sources
Lawmakers in Germany will most likely restrict online slot betting limits to just €1.4 ahead of the new Gambling Treat official roll out. Germany Splits Online Casino Games and Virtual Slot Machine Licenses Germany’s iGaming industry has undergone multiple changes both on a federal and state-level, with lawmakers finally agreeing on a finalized version of […]