Paul Leyland, Principle Consultant at Regulus Partners, is of the opinion that a heavy tax burden will hit growth in the industry this year, although there are prospects for the industry to flourish longer-term. 2015 was always going to be a difficult year for gambling operators from a fiscal perspective: UK remote Point of Consumption taxes (15% revenue from December …
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The German bookmaking trade body DSWV has advised all betting operators in the country to stop taking bets on all German amateur football leagues as part of its commitment to the protection of minors and to sports integrity. DSWV president Mathias Dahms said: “With this recommendation, we want to set an example to initiate dialogue with the sport and the …
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Mansion Group has confirmed that five of its leading casino brands are set to exit the German online gambling market. The software and igaming provisions provider has withdrawn German online casino services for Mansion Casino, Slots Heaven, Les A Casino, Casino.com and Club777. The Playtech powered casino operator confirmed the closure of services for these five brands on 1 February. …
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bwin.party PLC have announced that its net revenue and cashflow will be reviewed in 2015 due to new European Union (EU) VAT rules that came into action this January. The operator expects to pay an additional €15 million in VAT, due to recent changes EU tax regulations concerning digital business/services. Changes to EU VAT regulations concerning digital services, has seen …
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European sports betting operator Interwetten Sports has reported a full year revenue increase of 18% to €46.3 million (2013: €40.8 million), as the operator reaped the benefits of a new marketing and player acquisition strategy. Interwetten stated that its performance had exceeded all management expectations, as the company witnessed a yearly turnover of €800 million. The company was able to …
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Betradar has announced that German lottery operator Lotterie-Treuhandgesellschaft mbH Hessen (Lotto Hessen) will deploy the company’s Virtual Football solution in its betting offer. Lotto Hessen follows as the first state lottery to use Betradar’s Virtual Football solution, which has established itself since its launch in 2011 thanks to the way it powerfully combines the latest in artificial intelligence and 3D …
Read More »An appeal by the German state of Hesse against the suspension of the gambling licensing procedures has failed at the Higher Administrative Court Kassel. The Hesse Ministry of the Interior and Sport had been instrumental in issuing the 20 licences under the Interstate Treaty on Gambling, but some of the operators who didn’t get a licence have appealed against the …
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German soccer club 1. FC Kaiserslautern have agreed a shirt sponsorship deal with paysafecard.com. The 2. Bundesliga side have signed an initial one-year deal with the Skrill-owned online payment solutions company, and will carry its logo on their matchday jerseys. In addition, paysafecard.com branding will appear across the Fritz-Walter-Stadion, with a presence on pitchside LED hoardings and on the main …
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GamCrowd.com, the gambling specific crowdsourcing platform, and Clarion Events, organisers of EIG, are looking for 5 start-ups to take part in the Launch Pad and to take a stand at the GamCrowd sponsored start-up village. EIG runs from the 21-23 Oct in Berlin. This year the format has been substantially revamped and it now has a specific focus on start-ups and fundraising, …
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Swedish punter ‘Zami‘ has just won €10,000 and the title of bettingexpert Tipster of the Year after outperforming more than 1,500 other tipsters who give their tips for free on bettingexpert.com. How does it feel to win the very first bettingexpert Tipster Of The Year award? It feels great to be the winner of the bettingexpert Tipster of the Year …
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