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 […]
The state parliament of Sachsen-Anhalt ratified Germany’s Fourth Amendment on the State Treaty on Gambling (GlüNeuRStV), paving the way for a July 1, 2021 launch of the new gambling regulation. Scheduled Launch Firmly in Sight Sachsen-Anhalt was one of 3 remaining German states which had to officially approve the new gambling regulation, after the Treaty […]
Push Gaming, a B2B gaming provider, has reached an agreement with United Remote. Push Gaming’s iconic games, such as Land of Zenith, Wheel of Wonders, and Jammin’ Jars, will now be available to players on sites like Lapalingo, signaling a bigger step into Germany’s upcoming controlled online market. Push Gaming Reached an Agreement with United […]
A new report released by BtoBet suggests that the gambling market in Germany will continue growing. Online casino revenue is expected to reach €3.3 billion, while the industry itself is expected to grow to €18.2 billion by 2024. Will Online Casino Revenue in Germany Skyrocket? A new report projects exponential growth of the online betting […]
Germany is ready to implement its new German Interstate Treaty on Gambling (ISTG 2021) that, among other things, unifies regulations under a single framework. Previously, the country’s 16 states had their gambling laws variations, and the new treaty was designed to make Germany’s gambling activity more efficient. State Minister-Presidents already approved the legislation in November of last year. Germany […]
Tipico has renewed its partnership with Bundesliga soccer powerhouse Bayern Munich and will continue to collaborate with the club through 2025. Sportsbook Tipico Strengthens Positions in Germany with Bayern Partnership Tipico will continue to pursue stronger ties with local sports franchises in Germany as the company has renewed its partnership with Bundesliga’s FC Bayern Munich. […]
Sports betting licensing in Germany is continuing after two more operators received this week’s approvals from the Regional Council of Darmstadt to offer wagering on sports officially, Betway and Betsson. “We are thrilled to announce that Betway have received a sports betting licence from the Regional Council in Darmstadt.” Anthony Werkman, CEO, Betway 8 New […]
Sports betting and gaming group bet-at-home.com AG released Monday its full calendar 2020 financial report posting double-digit decrease in gross betting and gaming revenue. 2020 Revenues Decrease The group revealed gross betting and gaming revenue in 2020 amounted to €126.9 million, 11.4% down compared to the €143.3 million the company generated in 2019. The slump […]