Business
May 12, 2021
Snaitech Integrates HappyBet, Consolidates Online Footprint
HappyBet, a sports betting firm operating mainly in Germany and Austria, was successfully integrated into Snaitech, the Italian business arm of gambling technology supplier Playtech. Consolidate and Expand Regional Presence The addition of the sports betting operator, which has around 200 points of sale in Germany and Austria combined and annual revenues in the region […]
Industry
April 29, 2021
Germany: Stake Tax May Push Half the Players to Offshore Websites
A potential red flag for the upcoming State Treaty on Gambling in Germany was discovered by an online survey which found out the proposed level of stake tax could push nearly half the players to offshore gambling operators. Payout Percentage Matters The survey conducted by Goldmedia on behalf of leading gambling operators Entain, Flutter Entertainment […]
Legal
April 22, 2021
Germany on Course to Launch New Federal Gaming Regulation
The state parliament of Sachsen-Anhalt ratified Germany’s Fourth Amendment on the State Treaty on Gambling (GlüNeuRStV), paving the way for a July 1, 2021 launch of the new gambling regulation. Scheduled Launch Firmly in Sight Sachsen-Anhalt was one of 3 remaining German states which had to officially approve the new gambling regulation, after the Treaty […]
Business
April 19, 2021
Push Gaming Expands Its Presence in Germany with a Partnership with United Remote
Push Gaming, a B2B gaming provider, has reached an agreement with United Remote. Push Gaming’s iconic games, such as Land of Zenith, Wheel of Wonders, and Jammin’ Jars, will now be available to players on sites like Lapalingo, signaling a bigger step into Germany’s upcoming controlled online market. Push Gaming Reached an Agreement with United […]
Industry
April 1, 2021
German Gambling Market May Grow Exponentially by 2024, Says Report
A new report released by BtoBet suggests that the gambling market in Germany will continue growing. Online casino revenue is expected to reach €3.3 billion, while the industry itself is expected to grow to €18.2 billion by 2024. Will Online Casino Revenue in Germany Skyrocket? A new report projects exponential growth of the online betting […]
Legal
March 26, 2021
Germany’s New Gambling Regulations Greenlighted for Implementation
Germany is ready to implement its new German Interstate Treaty on Gambling (ISTG 2021) that, among other things, unifies regulations under a single framework. Previously, the country’s 16 states had their gambling laws variations, and the new treaty was designed to make Germany’s gambling activity more efficient. State Minister-Presidents already approved the legislation in November of last year. Germany […]
Sports
March 16, 2021
Tipico Renews Partnership with Bundesliga Powerhouse Bayern Munich
Tipico has renewed its partnership with Bundesliga soccer powerhouse Bayern Munich and will continue to collaborate with the club through 2025. Sportsbook Tipico Strengthens Positions in Germany with Bayern Partnership Tipico will continue to pursue stronger ties with local sports franchises in Germany as the company has renewed its partnership with Bundesliga’s FC Bayern Munich. […]
Legal
March 10, 2021
Betway and Betsson Approved for Sports Betting in Germany
Sports betting licensing in Germany is continuing after two more operators received this week’s approvals from the Regional Council of Darmstadt to offer wagering on sports officially, Betway and Betsson. “We are thrilled to announce that Betway have received a sports betting licence from the Regional Council in Darmstadt.” Anthony Werkman, CEO, Betway 8 New […]
Business
March 9, 2021
Bet-At-Home Proposes Dividend despite Slump in 2020 Business
Sports betting and gaming group bet-at-home.com AG released Monday its full calendar 2020 financial report posting double-digit decrease in gross betting and gaming revenue. 2020 Revenues Decrease The group revealed gross betting and gaming revenue in 2020 amounted to €126.9 million, 11.4% down compared to the €143.3 million the company generated in 2019. The slump […]
Sports
February 24, 2021
Betano Acquires Digital Sports Betting License in Germany
Betano has acquired a license to launch digital sports betting in Germany and is preparing to launch betano.de in the near future. Betano Acquires Sports Betting License in Germany Leading digital sports betting operator Betano has acquired an operational license from the Darmstadt Regional Council. The license allows Betano to launch online sports betting operations […]