German gaming and gambling company Gauselmann Group has finished acquiring the four Nordrhein-Westfalen casinos operated by Westdeutsche Spielbanken. Gauselmann completed this acquisition by buying NRW.Bank’s shares of WestSpiel in a $168.3 million deal. Gauselmann Acquiring Four New Casinos This acquisition was largely thanks to the Nordrhein-Westfalen’s Ministry of the Interior and Warth & Klein Grant Thornton AG launching a tender process for the privatization […]
Sports bookmaker brand bwin announced today it extended sponsorship deals with five German Bundesliga clubs to continue to support professional soccer in the country for further three seasons. Flagship Sponsorship Deal Entain-owned bwin extended partnerships to continue to be the exclusive sports betting partner with Borussia Dortmund, FC Union Berlin and FC Cologne from the […]
The German police have searched 41 houses in Saarland, a German state, and have arrested three suspects, and detained a police officer over illegal gambling accusations. Germany Tackles Illegal Gambling With a Massive Raid In a large-scale police raid near the French border, the German police forces searched 41 houses in Saarland, a German state. […]
The online casino segment continues to make huge strides around the world. Propelled further into the limelight as COVID-19 forced brick-and-mortar casinos to remain closed, iGaming has gained a larger market share and doesn’t show any signs of slowing down. The next couple of years are going to bring a number of innovative solutions to […]
Germany’s controversial 5.3% turnover tax on online slots and poker received the approval of the parliament earlier this week. German Parliament Approves 5.3% Tax on Online Slots and Poker Back in March of this year, Germany’s new State Treaty on Gambling (GlüNeuRStv) was approved by lawmakers. Since then, the new regulation has received the approval […]
With Euro 2021 around the corner, Cloudbet has released a fully localized German website to meet demand from German-speaking customers. German Customers Now Feel at Home with Cloudbet Cloudbet continues to expand its offer by launching a dedicated website for German customers just on time for Euro 2021. Focusing exclusively on Bitcoin casino and sportsbook […]
A controversial stake tax in Germany is being challenged by a European Commission probe asking officials to elaborate on the grounds of the proposed gambling tax regime. Unequal Market Conditions The EC intervention comes just in time to delay the final voting of the 5.3% tax on online slots and poker stakes state governments in […]
Online sports betting and gaming brand Betway secured today another high-profile sponsorship deal by becoming the official betting partner of the Mercedes Cup. Official Betting Partner The Mercedes Cup tennis tournament this year is scheduled to take place at prestige Club Weissenhof in Stuttgart, Germany, from June 8 till June 13 and is regarded as […]
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 […]
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 […]
