Tag Archives: Germany

Tipbet scores Bayer Leverkusen in-stadium sponsorship

SBC News Tipbet scores Bayer Leverkusen in-stadium sponsorship

German online betting operator Tipbet has agreed an in-stadium sponsorship agreement with Rhine-Westphalia Bundesliga football club Bayer 04 Leverkusen. The agreement will see Tipbet brand and betting services promoted throughout the 30,000 BayArena stadium on match days. Tipbet will additionally receive in-game perimeter advertising space during Leverkusen home matches. Tipbet marketing did not disclose any financial details regarding its partnership …

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Bet365 leads the way with bettingexpert.com tipsters

SBC News Bet365 leads the way with bettingexpert.com tipsters

Bet365 was the standout bookmaker for bettingexpert.com’s community of tipsters during October. Of the 97,970 tips placed during the month, the Stoke-based bookmaker was selected as the preferred operator for a huge 19.1% of them, considerably higher than second placed Unibet which was selected 12.1% of the time. However Unibet was also far clear of third placed 188bet, which had …

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bet-at-home continues strong 2015 momentum with EBITDA up 29%

SBC News bet-at-home continues strong 2015 momentum with EBITDA up 29%

European sports betting operator bet-at-home AG continues its strong 2015 momentum recording a 9 month EBITDA profit increase (period ending 30 September) of 28.8% to €23 million (2014 Q1-Q3: €17.2 million). Despite no major summer football tournament, bet-at-home recorded an 8.9% gain in gross gaming/betting revenues to €87.5 million (2014 Q1-Q3: €80 million). bet-at-home governance was pleased to highlight that …

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Big rise in EiG 2015 attendees

SBC News Big rise in EiG 2015 attendees

EiG 2015 last month set a new benchmark for the iGaming industry event as a record number of countries and attendees gathered at Arena Berlin for three days of insight and networking opportunities. Eighty-three countries were represented at EiG 2015 – a huge increase of more than a third on last year’s total of 61, illustrating the increasingly global appeal …

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Nein! ECJ rejects Hesse Ministry sports betting rulings

SBC News Nein! ECJ rejects Hesse Ministry sports betting rulings

As expected, the European Court of Justice (ECJ) has stated that Hesse Ministry gambling regulations cannot prosecute unlicensed sports betting operators, due to the fact that German betting laws run contrary to EU business practices and policies. Thursday’s announcement marks a further setback for the progression of online betting in Germany. However several German regulatory stakeholders and industry bodies, had …

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Cherry AB increases Almor Holdings stake to 75%

Swiss listed European igaming operator Cherry AB has confirmed that it has increased its majority stake to 75% in Malta based German facing online casino operator Almor Holdings. Cherry AB who acquired 71% of the operator in July of this year for a sum of €4.6 million, released a short statement informing the market of its increased shareholdings which amounted …

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Gauselmann Group appoints Sascha Blodau as UK General Manager

SBC News Gauselmann Group appoints Sascha Blodau as UK General Manager

German slot manufacturer Gauselmann Group has announced the appointment of Sascha Blodau as new UK General Manager. Gauselmann Group announced that it had created the role, as the UK becomes a more significant market for its operations and corporate revenues. Blodau had been appointed effective since 1 August 2015 and will be based out of Gauselmann Westphalia Office. Gauselmann operations …

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Tipico owners eye potential € billion sale

SBC News Tipico owners eye potential € billion sale

The Wall Street Journal (WSJ.com) has reported that the private owners of German focused sports betting operator Tipico Ltd are preparing to sell the company The Malta operated online betting firm, whose key target markets are Germany and Austria is reported to have appointed JP Morgan and Rothschild as deal advisers, who will begin to sound out options. The news source further …

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mybet issues profit warning as platform costs grow

SBC News mybet issues profit warning as platform costs grow

Frankfurt Xetra listed bookmaker mybet Holdings SE, has issued a profit warning to the market stating that it expects to post a higher operating loss for its 2015 financial performance. Issuing a brief statement the operator detailed that it had broadened its EBIT forecast of -€500,000 to a negative single € million loss for 2015. The bookmaker led by new CEO Zeno …

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Racebets.com gains first German horse betting licence

SBC News Racebets.com gains first German horse betting licence

German racing operator RaceBets.com has announced that it is the first firm to gain a horse betting licence by the German regulatory authority. The current horse betting laws were introduced in July 2012 and RaceBets are the first German bookmaker to fully comply with the new regulations. Patrick Byrne, RaceBets’ Managing Director, commented on the licensing  “We are delighted and exceptionally …

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