Tag Archives: Germany

 The negative impact of Germany’s futile sports betting laws was visible during World Cup 2023, according to Mathias Dahms, the President of DSWV – Germany’s Sports Betting Association.   Speaking at the trade body’s annual conference on 8 March, Dahms reiterated previous warnings of self-imposed harms on Germany’s ‘GlüNeuRStv’ interstate gambling regime.  “2022 was not an outstanding year for sports betting” …

bet-at-home AG has declared a full-year corporate loss of €585,000, due to the extensive streamlining of its day-to-day operations and reorganisation of its business strategy.  2022 marked a dire year for the Frankfurt Börse betting group, which recorded declines across all core trading metrics as its full-year gaming revenues (GGR) fell by 10% to €53.5m (FY2021: €59.3m). The drop in …

LeoVegas AB is gearing up to join Germany’s ‘GlüNeuRStv’ interstate gambling regime, having been granted licence authorisation by the Federal Gambling Authority, Gluecksspiel (GGL). The Stockholm-listed online gambling group informed investors this morning that it had been granted a GGL-authorised licence to “offer and market slots nationwide across Germany”. The statement read: “Gemeinsamen Glücksspielbehörde der Länder (GGL), has granted LVSports …

Entain Plc has outperformed its FY2022 earnings guidance, following a strong close to year-end trading buoyed by peak online results.  Publishing its Q4 2022 trading update, Entain delivered a ‘strong group performance’ as group net revenues (NGR) increased by +11% (+7% constant currency basis).  Period trading saw the FTSE100 gambling group achieve a record online NGR of +12%, results reflecting …

Oliver Lietz CEO of nanocosmos dissects the challenges multi-national operators face when it comes to delivering high-quality streaming to players in different global markets. He also explains how these hurdles can be cleared so that operators can ensure players receive the same seamless experience in all of the markets they are active despite the unique challenges faced in each. __________ …

2023 sees the Gluecksspiel (GGL) take regulatory charge of governing Germany’s federal GlüNeuRStv online gambling regime as licensed incumbents demand urgent changes. Yet, Regulus Partners sees little hope for improvement, as the  German market remains blighted by unnecessary bureaucratic self-harm, pointing towards a long road to nowhere for GlüNeuRStv players. Germany’s transition to regulated online gaming demonstrates the lesson of …

Fractures have resurfaced in German gambling as the laws Fourth Interstate Gambling Treaty (GlüNeuRStv) continue to be questioned by state legislators. This week at a hearing held by the Federal Ministry of the Interior, the state of Mecklenburg-Vorpommern questioned why it should obey the rules of the GlüNeuRStv and allow online casino to be played within its borders.  The query …

Gluecksspiel (GGL), Germany’s new federal gambling regulator, has published its first leadership statement issued by co-Executive Directors Ronald Benter and Benjamin Schwanke.  Commencing a new regulatory era for German gambling, the GGL officially took charge of managing and supervising Germany’s Fourth Interstate Gambling Treaty (GlüNeuRStv) on 1 January. “We have our finished house and are now able to work”, commented …

bet-at-home AG has reassured its commitment to growth in its home market of Germany, having renewed its online gambling licences.   On 22 December, the embattled Frankfurt Boerse betting group announced that it had been granted approval by the Darmstadt Regional Council to renew its sports betting licence to operate in Germany’s Fourth Interstate Gambling Treaty (GlüNeuRStv) regime. The GlüNeuRStv sports …

Gluecksspiel (GGL) has taken full control of the regulatory duties of Germany’s Fourth Interstate Gambling Treaty (GlüNeuRStv) – assuming its responsibilities as the “common authority for German gambling”.  Yesterday, at a meeting in Halle, representatives of the nation’s 16 federal states met for the last time to dissolve the ‘Gambling Collegium’ a state-sanctioned body which served as GlüNeuRStv regime’s ‘temporary …