The German Sports Betting Association (DSWV) has entered into agreements with three different fintech groups, as it seeks to bolster its payments and compliance operations. Deals have been inked with Kerberos, DIMOCO and TrueLayer, following the launch of a partnership programme by the DSWV at the start of the year, open to companies from the sports betting value chain. Efforts …
Read More »Tag Archives: Fourth Interstate Treaty on Gambling (GlüNeuRStV)
North Rhine-Westphalia opens to online gambling under federal regime
The Landtag of North Rhine-Westphalia has made the decision to open the German state to online casino operations, under the the Fourth Interstate Gambling Treaty (GlüNeuRStv). Issuing an update on its website, the Landtag – the state assembly – revealed that five licences for online gaming will be distributed in Germany’s most populous federal state. Legislators have also detailed that …
Read More »888 regulated market efficiency clears German/Dutch hurdles
888 Holdings hails ‘another record breaking year’, as the FTSE250 gambling group publishes its pre-close trading statement ahead of its transformative enlargement with William Hill. Of significance, expansion within regulated markets offset German regulatory challenges for 888, as the firm detailed that a strong performance in four key markets helped drive revenue by 14% in 2021. Updating investors, the company …
Read More »EGBA urges German Lander to drop ‘anti-competitive’ online tax rates
The European Betting and Gaming Association (EGBA) has urged the German Bundesländer to reject proposed tax rates of 5.3% on online poker and slots, arguing that this would undermine the country’s recently updated gambling regulations. The turnover tax has been proposed by the Bundesrat, Germany’s Federal Council, as the final tax arrangement that should be imposed on casino and poker …
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