When online gambling goes completely legal in Germany next week, operators will be facing an onerous new tax thanks to greedy lawmakers at the Bundestag. Under the terms of a new bill that was approved earlier this week, online gambling operators will be paying an astonishing 5.3 percent tax on the turnover for games like…
Is the German gambling industry getting ready for some seismic growth over the next few years? That's the conclusion that a a recently published study from Goldmedia came to after examining market conditions and regulatory frameworks for the country's regulated gambling business. Their rosy outlook for German gaming even takes into consideration the brutal toll…
German online gambling operators are facing a major challenge this week as both Visa and Mastercard have begun slowly cutting off payment processing to this market. It's a move that doesn't appear to be rolling out, or being enforced, with any consistency and is indicative of the confusion that seems to be the German online…
Earlier this week Bet365 informed its affiliates to refrain from online casino promotions in the German market. The move was part of a broader effort by the massive UK gambling operator to temporarily pull back from the German facing market until the company receives a new license that will allow it operate in Germany. In…
Advertising for online gambling operators in Germany has more than tripled over the past five years, according to a new study. That number would be impressive in any market but it's even more impressive when you consider that online gambling isn't even legal in most parts of that particular country. So how does this dynamic…
Lottoland wants to operate in Germany and has a big idea for how they can make that plan happen without incurring the ire of the German government. It's a simple, yet radical, plan that involves handing over all the revenue it earns from German lottery wagering. The proposal could cost the company €100 million worth…
888 Holdings, one of the biggest gaming operators out of the UK, is considering an exit from the UK market after changes in the local regulatory environment impacted its earnings in the country. News of the potential withdrawal was announced in the company's annual report to shareholders. The company's troubles in Germany began last year…
Germany's incredibly complicated licensing scheme for online gambling operators is complicated to the point of being completely unworkable. That's long been the belief in the igaming industry and that belief has been upheld by a top European Union court. Earlier this week the Court of European Union Justice (CEUJ) ruled that German gaming regulators could…
Ladbrokes, one of the UK's biggest bookmakers, has signed a sponsorship agreement with German soccer club SV Verder Bremen. It's the first time Ladbrokes has linked up with a big-time German football organization and could represent a major toehold for Ladbrokes in the volatile German sports betting market. Details of the deal were not readily…
German gambling laws, and the incredibly slow pace at which they are applied, have finally attracted the attention of gaming regulators with the powerful European Commission (EC). According to multiple published reports, the EC is formally admonishing German officials for a wide variety of missteps during their years-long gambling licensing debacle. At the core of…
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