It has long been recognised that young male adults up to the age of 25 and those from immigrant backgrounds or with below-average incomes are among the risk groups for gambling addiction. A description that does not really apply to professional athletes. Nevertheless, active sportsmen and women are considered to be "particularly at risk" of gambling addiction. But why is it that top athletes in particular tend to lose control when it comes to gambling?
Spielbank Bad Wiessee am Tegernsee generated gross gaming revenue of almost 38 million euros last year. Compared to 2022, this represents an increase of over 13 per cent. But why is it that the casino on the idyllic Tegernsee, which is located around 50 kilometres south of Munich in the Bavarian Alps, was able to achieve such an impressive result?
Authorising online gambling is not only a difficult process in Germany. Liechtenstein also has its own peculiarities when it comes to dealing with the issue. Gambling has been legal there for some time and is an important part of the economy. However, online gambling will not be allowed for at least another four years.
The billion euro gaming group Gauselmann has officially changed its name as of 1 January 2024. As the Espelkamp-based company announced in a press release, the company, which was founded in 1957, will now be known as the Merkur Group. But what are the reasons for the name change?
It is estimated that there are up to 50,000 illegal gaming machines in Germany. Not all of them have a criminal background, but they are certainly detrimental to the prevention of addiction and do not help the reputation of the industry. The city of Herne no longer wants to accept this situation on its territory. To underline its decision, the city destroyed a large number of unauthorised devices in a highly publicised campaign. This has caused quite a stir in the political arena.
The arcade, a place of vice, associated with the dangers of addiction or even illegal activities: This - admittedly exaggerated - view is held by many Germans. The German Association of Towns and Municipalities (DStGB), together with the German gaming machine industry, now wants to do more to remove the "stigma" from these establishments. What exactly does that mean?
The Federal Minister of Justice, Marco Buschmann (FDP), wants to relax criminal law and, among other things, decriminalise participation in illegal gambling. Shortly afterwards, the first critical voices were raised by the federal government's addiction commissioner and several associations. But what would be the consequences of removing illegal gambling from the penal code?
Within a month, the Entain share price has risen by over 20 per cent. The current market capitalisation of the gaming group is now the equivalent of more than 7.2 billion euros. But why has the share price developed so positively?
2023 is behind us. We would like to take this opportunity to look back on another eventful year. What has happened in the German online gaming market over the past twelve months? Find out in our comprehensive review of 2023.
Las Vegas is full of superlatives - everything seems to be big, colourful, luxurious and expensive. The Fontainebleau is one of the most expensive hotels in the world, costing a whopping $3.7 billion to build. It offers guests a lot, but also demands a lot in terms of money.
Illegal gambling seems to be a much-discussed topic more than ever since the State Treaty on Gambling came into force in 2021. Indeed, it has become clear over time that a huge number of Germans continue to access such services, especially online. For most people, the legal risks of using such services are apparently not worth mentioning. However, several media have now reported on the increasing number of prosecutions. What is the reason for this?
After almost three years, a lottery player from Saxony-Anhalt has finally come forward with her lottery ticket and picked up 100,000 euros. The woman had correctly picked the six-digit winning number in the Super 6 supplementary lottery in February 2021. But why did the lottery player only collect her winnings after such a long time?
El Gordo is one of the highest-paying lotteries in the world and a real spectacle in its home country of Spain. This year's draw took place - as always - on 22 December in the time-honoured Teatro Real opera house in Madrid. The hustle and bustle seems to get more colourful from year to year. In addition, the participants in the current edition had to wait an unusually long time for the jackpot.
According to a recent study, bwin is the most visible gaming provider on the internet. According to the study, other top brands with a corresponding public presence include Lotto24, Westlotto and Spielbanken Bayern. Today we report on other interesting findings from the 74-page study.
The State Treaty on Gambling of 2021 (GlüStV) and its regulations are regularly the subject of heated debate. This is the case once again: a study by the University of Leipzig suggests that one of the main goals of the GlüStV, to channel players into the legal market, is being missed by a wide margin. The very restrictive course currently being pursued, with its many limitations, is making channelling much more difficult.
Christian_1994
Chris_W