German gambling market grows by 300 million euros

  • Português
  • English
  • Postado em 28 de julho, 2019


    Berlin, May 8, 2018 — The German gaming market is continuing to rise. In 2017, the German gambling market (lotteries, stakes, gaming machines and machines ) created a gross gambling revenue of 13.5 billion euros that’s an increase of 300 million euros in comparison with 2016. This equates to further earnings of 1 billion euros in comparison with 2015. The majority of the gambling segments gained from the overall positive economic growth in Germany, but this varied from department.
    These findings are a part of this new report German Gambling Market Monitor 2018 published by Goldmedia Strategy Consulting.
    Record growth from the betting segment, nevertheless, lotteries are under pressure
    In 2017, betting notched up the most powerful level of growth of all the gaming segments using a 17 percent plus in gross gaming revenue (wagers minus payouts) in comparison with 2016. As compared with 2015, the marketplace has increased by 33 per cent in total. This positive trend is expected to continue. The upcoming 2018 FIFA World Cup in Russia will stimulate extra revenue growth for its 90+ sports gambling operators that are active in the German marketplace. What’s more, the dysfunctional regulatory policies which are still in effect in Germany are continuing to provide favourable operating conditions which are supporting further growth.
    However, the German lottery segment remains static and gross gambling revenue has fallen by 3 per cent, primarily because of declining ticket sales in the highest grossing 6aus49 lottery game. In addition, the state-owned lotteries are having aggressive competition from online lotteries working from Malta without a German licence.
    Changes in the gaming machines section Gaming machines achieved yet another very lucrative year, generating a gross gaming revenue of over 7 billion euros in 2017. However, significant structural changes on the market are imminent following the introduction of new regulations. Stricter rules governing the total number of gaming halls and the minimum distance allowed between them can lead to a considerable decline in the amount of gaming venues in the medium term. Though the gaming machine operators have initiated more than 1,000 legal event to stall the implementation of these policies, the strong market growth that has been seen in recent years has come to a stop.

    Read more: newyork-info.com



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