Tag Archives: Germany

HooYu deepens customer verification in the German market 

SBC News HooYu deepens customer verification in the German market 

HooYu has grown its offering to the German market, launching a complete KYC solution for the region.  Earlier in the year, HooYu achieved approval by the German age-verification regulator, KJM, with it now adding several new services to help gambling firms to comply with AML regulations.    The single solution orchestrates Schufa identity data checks, KJM-approved facial biometrics and ID document …

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German operators swallow tough adjustments of GlüNeuRStv regime change

SBC News German operators swallow tough adjustments of GlüNeuRStv regime change

There can be ‘no more transition’ as German gambling stakeholders are now ordered to accept the terms of the Fourth Interstate Treaty on Gambling (GlüNeuRStv) that came into federal existence on 1 July 2021.  A German stakeholders panel at CasinoBeats Summit Malta dissected the bleak prospects of a maligned and unmerited ‘GlüNeuRStv Regime’ – which despite widespread protest remains unchanged …

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Imperva warns of 3x bot traffic targeting bookmakers during Euro 2020

SBC News Imperva warns of 3x bot traffic targeting bookmakers during Euro 2020

Data Privacy and Cybersecurity solutions provider Imperva Inc has revealed the level of security threats faced by bookmakers from bot traffic and account takeover attacks during the UEFA Euro 2020 tournament. New data from Imperva’s Research Labs finds that in the build-up to England team matches, UK sportsbooks recorded a two-to-three-fold increase in bot-related traffic. It underlined concerns as bot-traffic can be …

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DSWV: Federal tax approval sees GlüNeuRStv become dead on arrival

SBC News DSWV: Federal tax approval sees GlüNeuRStv become dead on arrival

Germany’s Sports Betting Association, DSWV, has lambasted the Bundesrat and Bundestag’s decision to uphold the Fourth State Treaty on Gambling’s (GlüNeuRStv) controversial tax regime. Securing its federal approval this week, Germany’s legislature ratified for GlüNeuRStv to maintain its much-disputed 5.3% wagering tax on online casino and poker verticals. Prior to the Bundesrat vote, the DSWV had called for the tax …

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Bundesrat moves forward with no changes to unloved GlüNeuRStv regime

SBC News Bundesrat moves forward with no changes to unloved GlüNeuRStv regime

The German ‘GlüNeuRStv’ has maintained the much-disputed 5.3% wagering tax on online casino and poker verticals ahead of the launch of its online gambling regime on 1 July.  As the outstanding amendment for Germany’s Bundesrat (federal council) to resolve, the controversial tax received its approval from Bundesländer (state executives) this week as a federal measure of the GlüNeuRStv.  Bundesländer executives …

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GiG Comply: Helping operators adapt to the fast-changing compliance landscape

compliance

“If you don’t value compliance then you don’t have a sustainable business model,” said GiG Head of Performance Marketing Jonas Petersen, who explained why GiG Comply is now a crucial companion for gambling operators adapting to the fast-changing compliance landscape. GiG Comply provides a web application software that allows operators to monitor their affiliate marketing websites for content including links, …

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Winning Post: Germany’s tax challenge… dumm und dummer

SBC News Winning Post: Germany’s tax challenge… dumm und dummer

Last week, online gambling trade associations demanded that the European Commission (EC) intervene and order German lawmakers to justify a discriminatory 5.3% turnover tax on online casino and poker verticals. Though market stakeholders may get their desired response on taxes, Regulus Partners states that an EU-level intervention will have little to no impact on Germany’s illogical approach to adopting a …

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Sacre Bleu! Stats Perform predicts France over the Three Lions for Euro 2020 glory

SBC News Sacre Bleu! Stats Perform predicts France over the Three Lions for Euro 2020 glory

Teaming up with Stats Perform’s AI team, football analysis blog TheAnalyst.com has provided its ‘empirical answer’ as to who will win this summer’s UEFA 2020 European Championships (11 June to 11 July). Crunching the numbers on teams past and present performance, against a plethora of factors determining the likely outcome of the tournament’s groups and matches – Stats Perform has …

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EC probe demands Germany justify its online gambling tax regime

SBC News EC probe demands Germany justify its online gambling tax regime

An intervention by the European Commission may force Germany’s Bundesrat (federal council) to delay its final vote on approving its proposed 5.3% tax charge on player stakes, to be enforced on online slots and poker verticals. The controversial tax charge, remains the outstanding issue for Germany’s Bundesländer (state governments) to resolve in order for all provisions of the Fourth Interstate …

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Online casino revenues in Germany to reach €3.3bn by 2024

Online casino revenues in Germany to reach €3.3 bn by 2024

Revenues for the online casino sector in Germany are expected to reach €3.3 billion in 2024, continuing the trend of sustained growth. According to a public research project from Goldmedia referenced in the ‘Germany Betting Focus’ report published by BtoBet, revenues for online casino in the country will soon comfortably exceed the €2.2 billion registered in 2019. Estimated revenues for …

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