Tag Archives: Austria

The European Betting and Gaming Association (EGBA) has called for Austria to change its “outdated” online casino gaming system in place. According to the industry body, Austria’s decision to cling to a monopolistic online casino gaming model is not only putting players at risk but is also the main cause for “hundreds of millions” in losses from tax revenue.  So …

ComeOn Group has relocated its sportsbook, tech and risk management hub in Graz, Austria, to a new and central office space.  The move is being described as another milestone in the operator’s investment to accelerate its proprietary sportsbook platform and deliver a differentiated product proposition to its players. Juergen Reutter, ComeOn Group CEO, stated: “We are very excited about our …

The Austrian Association for Betting and Gambling (OVWG) has once again called for reforms in Austria’s gambling laws in response to a Supreme Court (OGH) decision which it said ‘weakens’ the industry.  A recent policy implemented by the OGH now allows players to make claims against Austrian operators who are also EU licence holders, demanding the recoup of funds lost …

Allwyn International has vowed to improve the financial performance of its Allwyn UK subsidiary, having officially taken on the duties of operating steward of the National Lottery. In its Q1 trading update, Allwyn International reported that its global lottery brands achieved combined ‘unaudited revenues’ of €2bn-to-€2.05bn. This marks Allwyn’s first €2bn revenue quarter (Q1 2023: €1.59bn), mainly due to the …

Allwyn International has marked 2023 as a transformative year for its business, which will now focus on revitalising the performance and sales of the UK National Lottery.  Upon publishing its unaudited full-year 2023 accounts, the company saw its corporate revenues double to €7.87bn. The year’s accounts detailed that National Lottery sales accounted for a revenue contribution of €3.9bn, down 4% …

Gluecksspiel (GGL),  the Federal Authority of German gambling, maintains its opinion that Malta’s ‘Bill-55’ is incompatible with European Union laws and member-state protections.  Signed in June by Malta President George Vella, Bill-55, titled the “Gaming Amendment Bill’ allows Maltese courts to “refuse the recognition and enforcement of foreign judgements related to the online gambling sector.” As such, the Act prevents enforcement …

Optimisation and automation have become key buzzwords for the iGaming industry in 2023…Golden Whale Production’s Claudia Heiling sheds insights on the development of GWP’s LOOPS to help operators further refine their business processes by unlocking the power of machine learning. In the rapidly evolving world of iGaming, if you’re not moving forward, you’re standing still – and while many companies …

The Austrian Lotteries has increased the age limit across its full range of products and offerings to 18, joining several other European nations in doing so. From 10 July onwards, participation in all Austrian Lotteries games will be limited to those aged 18 and over, rising from the long-standing age threshold of 16. The decision was undertaken by the state …

IMG Arena has filed against Stats Perform over alleged breaches of exclusive data collection rights during Austrian, Czech, German, Greek, and Swiss soccer matches.  In the claim, IMG Arena alleges: “At various times, Stats Perform has for the purposes of its businesses been operating a multijurisdictional, unauthorised ring of data collectors (or unofficial ‘scouts’), which it sends to matches at …

bet-at-home AG has declared a full-year corporate loss of €585,000, due to the extensive streamlining of its day-to-day operations and reorganisation of its business strategy.  2022 marked a dire year for the Frankfurt Börse betting group, which recorded declines across all core trading metrics as its full-year gaming revenues (GGR) fell by 10% to €53.5m (FY2021: €59.3m). The drop in …