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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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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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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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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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, 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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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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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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VAUNET, Germany’s media owners’ association, has become the latest market stakeholder to demand a redraft of the nation’s inbound ‘Fourth State Treaty on Gambling’. Representing 150 German media firms operating across all broadcast formats, VAUNET governance has stated that Treaty provisions on gambling advertising will undermine ‘regulated market channelling efforts’ serving as counterproductive measures to consumer safeguards. In January, Germany’s …
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FC Bayern Munich board member Jörg Wacker has become the latest German sports and business figurehead to criticise the online betting restrictions of the nation’s ‘Fourth Interstate Treaty on Gambling’ inbound for 2021. Despite Lander (state) consensus being reached on eliminating restrictions on online casino products, Germany’s Bundesrat (Federal Council) maintains controversial requirements attached to sports betting, restricting monthly player …
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