Central Europe
The end of legal limbo: Gamblers in Germany wish for online casinos with a German license despite restrictions
Approval of planned online casino regulation could see market grow to 3.3 Bn Euros by 2024
More and more gambling is taking place online. The closure of land-based gambling businesses due to coronavirus is just one of many growth factors. The trend towards online gambling will be stimulated further by the licensing of casino sites in Germany. According to a recent study, 62% of German online gamblers are willing to use the websites of operators licensed in Germany. The German online casino market forecast made by Goldmedia therefore predicts an increase in gross gambling yields from 2.2 Bn Euros (2019) to 3.3 Bn Euros in 2024.
These are the results of the study ‘Gambling Market in Germany 2020’, conducted by the advisory and research group Goldmedia (www.goldmedia.com) and published with the support from industry platform CasinoOnline.de (www.casinoonline.de). The report presents the recent market developments of the lottery, betting, casino and slot machine sectors up to the year 2019, as well as a market forecast until 2024. The main emphasis within the study is put on online casinos.
New ‘Interstate Treaty on Gambling’ takes online casinos out of the grey area
Online casino operators in Germany who are licensed in another EU country are currently stuck in a legal grey area. As a consequence, player protection can’t always be guaranteed, and the country is losing out on considerable amounts of potential taxes. In March 2020, the German states have therefore agreed to open the market under strict rules for player protection. At the basis of this lies the new Interstate Treaty on Gambling (GlüNeuRegStV), that is currently authorised by the European Commission.
Player protection measures approved by users
Even though the New Interstate Treaty on Gambling envisages stricter player protection measures, than currently are legally requested for online casinos already on the market, the majority of online casino users are happy to embrace further player protection measures: An empiric study of around 400 online casino players has shown that between 56% and 81% approve of the envisaged player protection measures, which include a monthly deposit limit, a fixed maximum stake and technology for early detection of players at risk.
Players would prefer an online casino with a German licence
User surveys, as well as a market simulation, have shown the level of preference of operators licensed in Germany to German players. If given the choice, the vast majority of players (62%) would choose an operator licensed in Germany, despite the regulatory restrictions described in the Interstate Treaty on Gambling. More than a third (38%) would keep playing on websites of operators licensed in another EU country. The decisive factors for those players are, among others, that there are no deposit limits or maximum stakes per game.
Online casinos with a German licence will generate 1.9 Bn Euros by 2024
The prognosis about the liberalised market has been made based on expert assessments and on the preferences listed by players. If the new Interstate Treaty on Gambling comes into force as planned in 2021, the gross gambling yield from operators licensed in Germany could reach 1.9 Bn Euros. The gross gambling yields from operators licensed in an EU country would therefore be halved to 1.2 Bn Euros during the same time period.
London-based video virtuals and instant win games specialist Highlight Games Limited today announces that its flagship products are now live online in Poland with the Fortuna Entertainment Group.
Highlight’s flagship soccer products which feature genuine archive footage from some of the biggest leagues and teams in football are now available to Fortuna’s online customers. Iterations of the product include Italian Football featuring Serie A, Spanish Football featuring LaLiga and English Football featuring English Premier League teams. Additional content featuring ATP Tennis, MotoGP and other premier associations will be launched in the near future.
Steven Holmes, CEO, Highlight Games said: ‘I’m delighted to announce that Highlight Games’ premium video virtuals are now live online in Poland with our valued partners at Fortuna. It’s always an exciting time as we introduce our award-winning products to new customers, and we look forward to bringing additional content to Fortuna’s channels in the future.’
Erik Klems, Group RNG Product Manager, Fortuna Entertainment Group added: ‘Highlight Games’ exclusive soccer games featuring archive video footage are an incredibly exciting addition to our virtual sports offering and we can’t wait for our online customers to enjoy them. Highlight Games’ reputation as an innovator in the virtual sports market is undeniable, and we’re delighted to be working with them to bring their content to Poland.’
The post HIGHLIGHT GAMES LIVE ONLINE WITH FORTUNA appeared first on European Gaming Industry News.
Euro Games Technology will partner with the Casino Operations Summit for another year in a row. The Bulgarian gaming equipment manufacturer will be a gold sponsor of this year’s event, taking place from May 13 to 15 in Nova Gorica, Slovenia.
The conference is tailored to European multi-channel casino operators and will traditionally bring together keynote speakers who will elaborate on the latest topics in the industry. This year’s main themes will focus on how land-based casinos can successfully address the challenges of the modern world, remaininng relevant and attractive to players, and navigate the ever-growing importance of Casino Online Systems and Casino Management Systems.
In addition, attendees will be able to enjoy a selection of EGT’s newest high-potential products. Among the highlights will be the S 32-32 ST cabinet, which is part of the latest Supreme slot series. Following the contemporary design trends with its 2 high-resolution 32-inch UHD 4K monitors and a frameless UHD 4K display, this model will offer visitors an engaging gaming experience thanks to its numerous ergonomic features. It will also present the Supreme Red Selection and Supreme Bonus Prize Bonus Buy Selection multigames. The mixes offer a rich variety of well-known and brand-new slot titles from the company’s portfolio, allowing everyone to find their preferred type of game.
The slot display will be complemented by the jackpot top performer Bell Link with the multigame Bell Link 2, Bell Link Boost, as well as the popular cabinet G 50 J2 ST.
The post EGT will be a gold sponsor of Casino Operations Summit 2025 appeared first on European Gaming Industry News.
Ani Mkrtchyan, Digitain’s Chief Sales Officer, commented: “We are excited to expand the partnership with Gamingtec and support Betters.pl in delivering an outstanding sports betting experience in Poland. This collaboration aligns with our commitment to expanding in regulated markets and is yet another example of how we partner with industry leaders in gaming excellence—perfectly reflecting Digitain’s new brand slogan: ‘BUILT TO LEAD.’”
The post Digitain Partners with Gamingtec to Expand Presence in Europe appeared first on European Gaming Industry News.
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