Tag Archives: Germany

FCA suspends all Wirecard UK transactions and services

The UK’s Financial Conduct Authority (FCA) has enforced a number of restrictions on embattled Wirecard AG, following the digital payment processing firm’s decision to file for insolvency in its home market of Germany. Issuing a regulatory notice, the FCA stated that Wirecard UK can no longer carry any regulated market activities. Furthermore, the financial services regulatory body underlined that Wirecard …

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Bundesliga return offers May boost for German betting market

Bundesliga - 13.06.2020, FC Bayern Muenchen - Borussia Moenchengladbach 13.06.2020, Fussball 1. Bundesliga 2019/2020, 32. Spieltag, FC Bayern Muenchen - Borussia Moenchengladbach, in der Allianz-Arena Muenchen, v.li: Lars Stindl Borussia Mönchengladbach und Torwart Manuel Neuer FC Bayern München begrüßen sich mit dem Corona-Gruss. Foto: Bernd Feil/M.i.S./Pool Nur für journalistische Zwecke Only for editorial use Gemäß den Vorgaben der DFL Deutsche Fußball Liga ist es untersagt, in dem Stadion und/oder vom Spiel angefertigte Fotoaufnahmen in Form von Sequenzbildern und/oder videoähnlichen Fotostrecken zu verwerten bzw. verwerten zu lassen. DFL regulations prohibit any use of photographs as image sequences and/or quasi-video. National and international NewsAgencies OUT. Muenchen Bayern Deutschland *** 13 06 2020, FC Bayern Muenchen Borussia Moenchengladbach 13 06 2020, Soccer 1 Bundesliga 2019 2020, 32 Matchday, FC Bayern Muenchen Borussia Moenchengladbach, in the Allianz Arena Munich, from left to right Lars Stindl Borussia Moenchengladbach and goalkeeper Manuel Neuer FC Bayern München welcome each other with the Corona Gruss Photo Bernd Feil M i S Pool Only for journalistic purposes Only for editorial use According to the regulations of the DFL Deutsche Fußball Liga it is prohibited to use or have used photographs taken in the stadium and/or of the match in the form of sequence images and/or video-like photo sequences DFL regulations prohibit any use of photographs as image sequences and or quasi video National and international NewsAgencies OUT Munich Bavaria Germany Poolfoto ,EDITORIAL USE ONLY.

German bookmakers and affiliates have reported a drastic increase in business after the Bundesliga returned following an eight week hiatus. Affiliate company Leadstar Media reported that its MyWettbonus.de brand had recorded a 100% increase in business since football resumed. Meanwhile, searches for ‘sportwetten’ – the German for ‘sports betting’ – were 2.5x higher in May than in the middle of …

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Germany moves forward by presenting unloved framework to EU courts

Seeking to relaunch its gambling marketplace on 1 July 2021, Germany has submitted the revised framework of its Fourth Edition of the ‘State Treaty on Gambling’ to the European Union. Despite numerous revisions, the framework has yet to be ratified by the nation’s 16 federal Länder (states). The make-up of the treaty continues to be debated by regional MPs at …

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Strong Q1 opening sees LeoVegas recover lost ground

Delivering on key corporate restructuring initiatives, LeoVegas AB has detailed a strong opening to 2020 trading, recording a 4% increase in group revenues to €89 million (Q12019: €86m). The Stockholm-listed online gambling group completed the migration of its 12 UK brands onto its proprietary technology platform, vastly improving game offerings, payment services and engagement functionalities, while also reducing group operating …

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Tipico temporarily suspends affiliate programme 

Leading German online bookmaker Tipico Sportwetten has confirmed the temporary closure of its affiliate marketing programme.  Posting a notice on its website, Tipico marketing disclosed that it will no longer accept new sign-ups and registrations to promote its products and services. Tipico’s statement read: “Until further notice, Tipico’s affiliate programme will be suspended and no new registrations are possible.” The …

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bet-at-home maintains 2020 outlook despite dire opening 

DACH markets betting group bet-at-home AG has recorded double-digit declines across all topline metrics, publishing its Q1 2020 trading update.    The Frankfurt Xetra bookmaker detailed that tough Q1 trading was compounded by the abrupt postponement of European sports and continued wagering declines recorded in Poland and Switzerland. Dealing with multiple headwinds, bet-at-home saw Q1 2020 wagering volumes drop by 18% …

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Scientific Games secures Bavarian upgrade with LOTTO Bayern

LOTTO Bayern, the state lottery operator for the German Province of Bavaria, has sanctioned an upgrade of its operating systems which expands its lead technology supplier contract with Scientific Games for a further four years. Updating stakeholders, Scientific Games confirmed that LOTTO Bayern will become one of its first lottery partners to install its ‘new self-contained SYMPHONY system’. The all-round …

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Dominik Beier – Interwetten unafraid to test its legacy in Nigeria

Dominik Beier, Group CEO of DACH markets legacy sportsbook Interwetten has spoken to SBC on his firm’s African market ambitions, which will launch imminently within Nigeria. Prior to global betting’s COVID-19 disruption, Interwetten’s executive team had announced that the sportsbook had secured a ‘national licence’ from Nigeria’s Lottery Regulatory Commission (LRC). The announcement sees Beier undertake a key strategic leadership …

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mybet returns with Deutsche Eishockey play-off sponsorship

Resurrected DACH region online bookmaker mybet has secured its first major sports sponsorship after becoming a ‘digital partner’ of Deutsche Eishockey Liga (DEL) – Germany’s top tier of professional ice hockey. The sponsorship has been revealed as the Deutsche Eishockey reaches its play-off knockout phase, in which mybet will have prominent coverage across the league’s digital platforms and social media profiles. …

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Martin Lycka: Liberalism versus conservatism played out in German law

GVC’s Director of Regulatory Affairs Martin Lycka revisits the online gambling laws in Germany and sees what the ‘sixteen kings’ have in store for the industry. ____________________ Habemus State Treaty. After years of thick black smoke, white billow has spewed out from the tiny little chimney perched on the roof of the German Gambling Chapel. The sixteen cardinals dispatched by …

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