Tag Archives: Germany

bet-at-home renews German licences for critical 2023

SBC News bet-at-home renews German licences for critical 2023

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 …

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GGL takes charge of German gambling’s interstate duties

GGL

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 …

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bet-at-home elevates GGR landing as business is reviewed by FL Entertainment

SBC News bet-at-home elevates GGR landing as business is reviewed by FL Entertainment

The board of bet-at-home AG has upgraded the full-year revenue guidance of the Frankfurt Boerse online gambling group The upgrade follows a positive period of World Cup trading registered during the closing months of 2022.   Updating shareholders, “bet-at-home.com AG now expects its consolidated gross betting and gaming revenue (GGR) to stand in the range of €52 to €54 million in …

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GGL orders full ISP blackout of Lottoland

Lottoland

Glücksspielbehörde (GGL), Germany’s unified gambling regulator, has stepped up its regulatory actions against Lottoland. In July, the GGL began a ‘targeted enforcement campaign’ against Lottoland which is alleged to have “offered illegal gambling for years” in Germany. The laws of Germany’s federal Fourth State Treaty on Gambling (GlüNeuRStv) prohibit wagering on the outcome of any state-sanctioned lotteries. July’s warning was …

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DSWV maintains pressure on GGL to fix black market holes

DSWV President, Mathias Dahms,

DSWV – Germany’s sports betting trade association has repeated its black market warning to the Glücksspielbehörde (GGL) – Germany’s new federal regulator for gambling.  The trade association maintains that GGL must reform the existing legislation and market rules of the Fourth Interstate Gambling Treaty (GlüNeuRStv) regime, which have been enforced since 1 July 2021.  DSWV has previously sent its market …

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Bremen Senator to keep 14 betting offices closed  

SBC News Bremen Senator to keep 14 betting offices closed  

The Chancellery of Bremen has declared that 14 betting offices are to remain closed as the Interior Senator of the city-state finalises his review of money laundering rules and infringements.  In July, Interior Senator Ulrich Mäurer ordered that all 32 betting offices licensed in Bremen to shut down immediately, impacting the businesses franchises of Tipico, HappyBet, Tipwin and XTiP. The …

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German Health Education Agency launches “Gambling Addiction Treatment Day” 

SBC News German Health Education Agency launches “Gambling Addiction Treatment Day” 

German healthcare and addiction support agencies will participate in the first-ever national “Gambling Addiction Treatment Day” on Wednesday 28 September.  The initiative is led by Bundeszentrale für gesundheitliche Aufklärung (BZgA), the Federal Agency of Health Education, with the event supported by Bundestag Commissioner for Addiction and Drug Treatment Burkhard Blienert. Launching the campaign, BZgA outlined that “gambling addiction is now …

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bet-at-home maintains 2022 outlook despite cold H1  

SBC News bet-at-home maintains 2022 outlook despite cold H1  

bet-at-home AG has cited trading difficulties as its business continues to be impacted by a deluge of negative adjustments across core markets.  Publishing its H1 2022 financial update, bet-at-home disclosed the impact of the Frankfurt Boerse betting group exiting Austria and downsizing its business due to the termination of its Malta subsidiary. Period trading saw bet-at-home generate gross gaming revenues …

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René Jansen, KSA: Dutch betting experience can be applied to Germany

SBC News René Jansen, KSA: Dutch betting experience can be applied to Germany

In a recent speech in Berlin, René Jansen, Chairman of the Kansspelautoriteit (KSA), the Netherlands’ Gambling Authority, commented on parallels between the Dutch and German betting markets.  The Dutch betting and gaming space has expanded exponentially since the implementation of the KOA Act, which re-regulated the online market and awarded 10 new licences on 1 October 2021. In the following …

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Pferdewetten.de sets sites on aggressive German retail expansion

SBC News Pferdewetten.de sets sites on aggressive German retail expansion

Pferdewetten.de AG, German horse racing’s dedicated racebook, has secured new investor capital to bolster its business transformation programme.  The capital is required for Pferdewetten.de (Horsebets.de) to launch a new retail subsidiary to support its online platform upgrade and to further expand its Sportwetten.de (Sportsbets.de) subsidiary. Publishing an H1 interim update, Pferdewetten.de disclosed that existing shareholders had generated €5.1m in working …

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