bet-at-home AG has maintained its full-year 2020 revenue and earnings outlook despite all corporate metrics trading below 2019 comparatives, as the DACH markets bookmaker returns to full operating capacity. Publishing its latest Q1-Q3 2020 trading statement, bet-at-home has recorded group revenues of €93 million, tracking 13% below 2019’s €107 million. Despite its revenue downturn, which the operator attributed to COVID-19 …
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GVC safeguards German profile by securing four Länder approved ‘transitional licences’
GVC Holdings has this morning confirmed that it has been approved four separate sports betting licences for Germany, adhering to market conditions set by the Länder approved ‘transitional framework’. Updating investors, the FTSE100 betting group confirmed that transitional licences have been authorised for its SportingBet, Ladbrokes, bwin and Gamebookers brands. Announced at the start of October, Germany’s 16 federal Länder …
Read More »Germany 2021: Landers’ ‘transitional framework’ receives mixed reactions
The approval by Germany’s 16 Lander (regional councils) to launch a ‘transitional tolerance period’ for igaming services, which will bring clarity to operators who wish to participate in the federal relaunch of the online gambling marketplace in 2021, has drawn contrasting views. As German Lander continue to individually ratify the final amendments of the federal New Interstate Treaty on Online …
Read More »Tipwin advances ‘Germany 2021’ strategy with GiG casino and data upgrades
Gaming Innovation Group (GiG) has continued its ‘B2B drive’ after announcing that it has secured a multi-services agreement with Tipwin Ltd to serve as the DACH region operator’s lead casino platform and data intelligence provider. Updating the market, GiG confirmed that it has signed a ‘minimum contract term of three years’, in which it will provide Tipwin’s new online casino …
Read More »MoneyMatrix boosts wire transfer options by integrating Klarna’s Sofort
EveryMatrix’s industry-tailored payment processing gateway MoneyMatrix has amplified its customer payment options by integrating Sofort solutions. A core technology subsidiary of Swedish e-credit and e-commerce software provider Klarna, the company ‘recognised as Europe’s highest valued Fintech’, Sofort allows digital merchants to optimise their online bank transfer capabilities. Built on proprietary technology, Sofort allows for online customers to make instant wire …
Read More »Mateusz Juroszek – Non-stop STS will expand amid industry disruptions
Mateusz Juroszek, owner and Chief Executive of STS, Poland’s biggest bookmaker tells SBC that his company is coming out of lockdown stronger having completed key management objectives in expanding the firm’s proprietary technology capacity acquiring long-term Czech IT partner Betsy. Accelerating STS European expansion projects and initiatives, Juroszek states that his firm will be the one-to-watch for the remainder …
Read More »Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’
Facing key regulatory showdowns across the European markets of Spain, Sweden, Germany and the UK, Martin Lycka GVC Holdings Director of Regulatory Affairs tells industry leadership to buckle down for the stresses of a working summer… _____________ COVID-19 has upended everything. Even the regulatory silly season is now at risk of being cancelled; that eagerly awaited period of slow news …
Read More »MySportwetten: What German players want from a bookmaker
The most important factor for German players choosing a bookmaker is a wide range of sports and leagues to bet on, found a survey among users on MySportwetten.de, but members of the same odds comparison site are largely not interested in playing online casino. Leadstar Media brand MySportwetten completed the survey to understand more about its affiliated players as the …
Read More »FCA suspends all Wirecard UK transactions and services
The UK’s Financial Conduct Authority (FCA) has enforced a number of restrictions on embattled Wirecard AG, following the digital payment processing firm’s decision to file for insolvency in its home market of Germany. Issuing a regulatory notice, the FCA stated that Wirecard UK can no longer carry any regulated market activities. Furthermore, the financial services regulatory body underlined that Wirecard …
Read More »Bundesliga return offers May boost for German betting market
German bookmakers and affiliates have reported a drastic increase in business after the Bundesliga returned following an eight week hiatus. Affiliate company Leadstar Media reported that its MyWettbonus.de brand had recorded a 100% increase in business since football resumed. Meanwhile, searches for ‘sportwetten’ – the German for ‘sports betting’ – were 2.5x higher in May than in the middle of …
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