Tag Archives: GlüNeuRStV

BtoBet: Over-regulation and opportunities in the European sports betting sector

Regulatory developments in the European sports betting gaming sector have created both hurdles and opportunities for the continent’s operators, as the UK and Germany implement restrictions while the Netherlands opens its doors. Publishing its latest report, ‘European Sportsbook Opportunities in an Increasingly Complex Scenario’, BtoBet highlighted the potentially lucrative market of the Netherlands – where football and other sports have …

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Saxony-Anhalt sees no interest for GlüNeuRStv casino and poker licences

mybet

The Bundesländer of Saxony-Anhalt has published its ‘whitelist’ of operators that have been approved licences in accordance with the laws of GlüNeuRStv – Germany’s fourth interstate treaty on gambling.  Saxony-Anhalt has been appointed to serve as the Bundesländer that will house German gambling’s new federal regulatory agency – Glücksspielbehörde. The GlüNeuRStv regime was formally launched on 1 July, though Germany’s …

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bet-at-home records 3x EBITDA downturn as a result of German regime change 

bet-at-home AG has cited that tougher anticipated adjustments to German gambling’s new federal regime have resulted in the company recording a 9% decline in group revenues to €56.8 million (H1 2020: €62.3m).  Updating investors on its H1 2021 interim results (period ending 30 June), bet-at-home stated that its commercial performance had slowed against previous forecasts due to implementing numerous ‘core …

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Tipico and CVC enter William Hill offcut chase  

Tipico, Germany’s biggest betting firm, is reported to be ‘among the frontrunners’ vying to acquire William Hill’s UK and European offcuts, put up for sale by Caesars Entertainment. As reported by Sky News this afternoon, ‘City sources’ have disclosed that Tipico tabled a ‘credible offer to Caesars’ – who have priced William Hill’s surplus units at a combined value of …

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Saxony-Anhalt appoints Anne Poggemann as first officer of German Gambling’s supervisory unit 

The Bundesländer of Saxony-Anhalt has confirmed the appointment of Anne Poggemann as the first officer of ‘Glücksspielaufsicht’ – German gambling’s new supervisory authority.  Last year, the state of Saxony-Anhalt was awarded the rights to house German gambling’s first federal supervisory unit, upholding the licensing duties, market standards and compliance obligations of the Fourth Interstate Treaty (GlüNeuRStv) regime. Germany’s re-regulated gambling …

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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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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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Germany secures gambling regime but stakeholders demand radical changes 

Germany’s Fourth Interstate Treaty on Gambling (GlüNeuRStV) is guaranteed to officially launch on 1 July, having been ratified by the Bundesländer (state parliament) of Saxony-Anhalt this Wednesday.  The Interstate Treaty had previously secured the required approval of 13 states to launch Germany’s new federal regime regulating online gambling services. However, the approval of Saxony-Anhalt was deemed as essential to the …

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HooYu secures KJM accreditation for German age verification

The German Commission for the Protection of Young People in the Media (Kommission für Jugendmedienschutz – KJM) has approved HooYu as a suitable age verification systems provider. HooYu confirms that it has secured legal certainty to provide age verification provisions for licensed incumbents of Germany’s new Glücksspielneuregulierungstaatsvertrag (GlüNeuRStV) federal gambling regime – due to formally launch in July 2021. As the …

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GiG upgrades GiG Comply with language detection feature

GiG Comply

Gaming Innovation Group (GiG) has enhanced the capabilities of its marketing compliance tool, GiG Comply, by adding a new language detection feature. The new feature will allow operators to ensure that they are compliant with regulatory guidelines in particular markets by identifying which language a website is using to promote their brand. Ben Clemes, Chief Commercial Officer at GiG, said: …

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