Cryptocurrencies will be classified as gambling in the future, if the UK Treasury committee has its way. Now the economic secretary to the Treasury, Andrew Griffith, has vetoed the bill. He is convinced that such a law would do nothing to prevent risks and would create massive problems with other jurisdictions.
Second division football club Hannover 96 has recently signed a new partnership with StarGames. The online gaming provider, which is part of the Novomatic family, will be present in many areas of the club. For the first time, the so-called "Team Presenter Status" has been awarded. StarGames customers can also benefit from this. What does this mean?
The National Football League (NFL) has suspended several players in recent weeks and months. The US professional football league has accused the players concerned of violating gambling rules. But some professionals say the league's rules are a bit of a double standard. Could this be true?
Online casinos and sports betting providers under German regulation were initially far from being clearly recognisable to all players. Only a small note in the footer referred to the German licence or the responsibility of the Darmstadt Regional Council and later the Joint Gambling Authority of the Länder (GGL). This has now changed.
The use of sports betting advertising during football and other sporting events appears to be increasing. This in turn is coming under increasing criticism. Authorities and politicians, as well as fans, generally do not like such advertising. According to a press release and a more detailed report in Stern, FC St. Pauli has now reacted to the general development. In future, there will be no more sponsoring or advertising by betting companies.
The crypto industry has been thriving for years, producing innovations on a regular basis. Now a new hype is emerging that affects the gambling industry. GambleFi could revolutionise online gambling for money. What is it all about?
The Gauselmann Group was present at the three-day Parookaville Festival with a mobile casino. Visitors were able to play slot machines, blackjack and roulette. But how does a billion-dollar gambling company come up with the idea of running a casino at one of Europe's biggest electronic dance music festivals?
A few weeks ago, Canadian streamer xQc leaked internal documents from the Kick platform. Among other things, the data is said to show how many percent of the users of the new streaming platform Kick also use the Stake Casino. The exact meaning of the leaked documents is now the subject of heated debate on the internet.
On the 29th of June, the Federal Fiscal Court published an interesting press release regarding the taxation of poker winnings. It states that winnings from online poker may be subject to income tax in Germany. But under what conditions will poker winnings be taxable in this country?
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