It is not just the online gambling industry that is facing a tough time in this country. The bricks and mortar gambling industry is also struggling to cope with increasingly stringent legislation. In Bremen, for example, new distance regulations for betting shops and casinos came into force a few days ago. The death of betting shops in the city is therefore likely to continue.
A multimillion-dollar lottery prize was recently forfeited in Canada. The winner failed to present the ticket in time, resulting in the loss of CAD 70 million. This is the equivalent of almost 50 million euros. But why was the prize not claimed and what will happen to the millions?
In the new State Treaty on Gambling, the first stated objective in §1 is to prevent the emergence of gambling addiction and to create the conditions for an effective fight against addiction. How does this objective fit in with the actions of the NRW government? In the last few years, the government has reduced the funds for the fight against gambling addiction instead of increasing them.
It's crazy how the video game landscape has evolved over the last 30 or 40 years: Once upon a time, we were amazed by pixelated strokes and dots in monochrome colours that we could move with a few buttons. Today, however, we can immerse ourselves in huge worlds and characters that increasingly resemble reality or even go beyond its boundaries. In the process, games of chance are also becoming more and more common. These are often not clearly recognisable as such.
One tourist's stay at the Las Vegas airport really paid off. Bored while waiting for his flight, he sat down in front of one of the many slot machines and tried his luck. A few seconds later, he had won more than US$1.3 million. The impressive jackpot win can be seen in a video posted on Twitter.
A few days ago, Berlin's administrative court confirmed that betting shops in the German capital must keep a minimum distance of 500 metres from gambling halls. In doing so, it dismissed the complaints of several betting companies from Malta. But what are the practical implications of this ruling
In the past, the EuroJackpot in Germany has been a record-breaker. In June of this year, the previous record was set. A single tipper or a lottery syndicate from Schleswig-Holstein can be happy about the huge sum of €120 million.
Malta has introduced a new law to protect its gambling companies from lawsuits relating to the recovery of losses from abroad. Initially, the German authorities accepted the development rather passively. Now, however, there is a certain amount of resentment. What are the first reactions?
The current gambling regulations in Germany are an absurdity for most players: too many restrictions, too little fun and too many alternatives on the illegal market. For the most part, the authorities and politicians defend the measures. Recently, however, more and more critical voices have been raised, including those from the business community. Lars Felderhoff, CFO of Gauselmann, recently spoke out in an ntv podcast.
Both online and offline, the gambling industry in this country is highly regulated. Whether this is a good or bad thing is a matter of opinion. However, the question is whether less regulation would mean less illegal gambling. But at what point should regulation be relaxed, and can politicians even justify doing so?
The new State Treaty on Gaming (GlüStV) came into force almost exactly two years ago. Since then, the online gambling industry in Germany has changed dramatically. Although virtual slot machines and online poker can now be played legally on the internet, both providers and players are still struggling with the legal framework. So what have two years of the State Treaty on Gambling actually achieved?
The Addiction Yearbook is published by the German Centre for Addiction (DHS). It summarises statistics on the use of gambling in Germany and other circumstances or activities with similar risk potential. It has now come to light that key information on sports betting in the yearbook appears to have been partly taken from an illegal information site on the internet. How could this happen?
In a recent press release, Österreichische Lotterien Gesellschaft m.b.H. announced plans for a major change in its business policy: The age limit for the sale of betting slip games and instant lotteries is to be raised with effect from Monday 10 July. The aim is to improve the protection of players and young people.
In recent weeks, two major gambling brands have been fined seven figures each. In total, the two gambling companies will have to pay almost five million euros. But which gambling companies are involved, and what wrongdoing have they been accused of?
We have reported on the booming gambling market in Liechtenstein several times in the recent past. It is no secret that the increasing number of casinos in the country of 40,000 has had a positive effect on the country's financial situation. But is player protection being neglected in the face of millions in tax revenue?
Christian_1994
Chris_W