Tag Archives: Germany

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Embattled bet-at-home AG has announced that it expects to recoup €11.4m in attributable income related to its discontinued Austrian business.  Dire 2021 trading saw bet-at-home forced to exit Austria’s online gambling marketplace, having lost a long-standing legal dispute against customers who sought a reimbursement for ‘playing on an unlicensed website’. While the Austrian exit saw the firm wind-up its Malta …