Tag Archives: Germany

Entain Plc’s 2022 performance began in line with corporate expectations, as its business units and brand portfolio are matched against tough 2021 like-for-like comparatives.  Publishing its Q1 2022 trading update, Entain reported that group NGR was up 31%. This, it said, was supported by the return of its retail unit performance which achieved a 1,000% NGR uptake against 2021 lockdown …

LeoVegas AB has posted stagnant financial results, with corporate performance dogged by market exposures to changed regulatory conditions within the Netherlands and Germany. Publishing its Q4 trading statement, the firm saw its period like-for-like corporate revenues maintained at €98 million. The Stockholm-listed operator informed investors that “excluding Germany and the Netherlands”, period revenues would have increased by 26%. Q4 adjusted …

The executive of Saxony Anhalt has launched the official website for German gambling’s federal regulator, Gemeinsamen Glücksspielbehörde der Länder (GGL) – “The Joint Gambling Authority for German Federal States”.  The GGL is yet to be fully composed, as the newly-formed regulatory body is required to finalise its senior management ranks, workforce and administrative structures governing German gambling under the terms …

Undertaking a deep dive of German sports betting (omnichannel) and online gaming monthly tax yields since July’s GlüNeuRStV market reform. Regulus Partners uncovers that “as is often the case a critical mass of consumers is proving resilient to bad regulation” – creating a dangerous precedent for all market stakeholders.   The German domestically regulated sportsbetting market recovered in turnover terms in …

Regulus Partners warns that early 2022 regulatory developments have set a dangerous precedent on the future of gambling advertising. Despite visible flaws across multiple jurisdictions, operators should defend their right to advertise rather than face the dire consequences of caving into regulatory appeasement… The New Year has opened with a number of threatened or delivered changes to gambling advertising. Gambling …

Intertops has communicated to its affiliate partners that it will rebrand its commercial identity to ‘Everygame’ as of 1 December 2021.  The heritage operator did not provide affiliates with material for its forthcoming rebrand – but stated that the change to Everygame would maintain its “vision to provide trusted entertainment for generations”. “Basically, we are the same with a new …

Catena Media Plc has informed that its Q3 trading results will be negatively impacted by the writedown of its German sports betting assets.  The Stockholm-listed publisher issued a preliminary Q3 update, informing investors that it had allocated €42.8 million for the writedown of German sports betting assets acquired between 2016 and 2018. The decision follows an assessment of the assets …

bet-at-home AG has temporarily discontinued its online casino from Austria as the DACH markets operator faces legal challenges from Austrian customers demanding reimbursement for their online casino taxes.   The decision has been taken as bet-at-home continues to challenge Austria’s national gambling regime that dictates that online casino and poker be controlled by the government’s appointed concession of Casinos Austria.  Notifying …

Scientific Games has announced it has penned fresh terms with its long-term partner Lotto Hessen to introduce new gaming systems technology to the German lottery. Named Symphony, the gaming system technology is designed to modernise the lottery’s operations, replacing and migrating the old Ageis system. The Symphony system supports new game entertainment and new distribution channels with a secure, open interface that easily …

Entain Plc has continued to match its corporate growth against high expectations, with the FTSE100 gambling group citing progress on all 2021 corporate objectives. Publishing its Q3 trading update for the three month period ended 30 September, Entain recorded a 4% increase in group net gaming revenues when compared to Q3 2020 Registering a 10% increase in NGR for the …