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Germany

Results

ZEAL Network expects full year revenue to drop to €113.5m

Frankfurt-listed lottery provider ZEAL Network has reported a 27 per cent drop in preliminary revenue to €113.5m for 2019, with results impacted by a €26.3m payout from [...]

1 min read
German Flag
Results

German sports betting market grows 21% in 2019

Germany’s federal ministry of finance collected approximately €0.5bn in sports betting tax in 2019 as total stakes climbed by more than 21 per cent versus the previous [...]

1 min read
German Flag
Legislation

Proposed German gambling treaty draws praise and scorn

The new draft of the German State Treaty on Gambling, which was provisionally approved by the country’s 16 states over the weekend, has been met with bemusement [...]

1 min read
Scientific Games
Lottery

Scientific Games to launch new gaming system for Lotto Baden-Württemberg

New York-listed supplier Scientific Games has been awarded a new five-year technology agreement to continue providing its services to German state-owned lottery operator Lotto Baden-Württemberg.
1 min read
German Flag
Lottery

German DLTB lottery sales slip to €7.3bn in 2019 despite online growth

German state lottery association Deutsche Lotto und Totoblock (DLTB) has reported a 1 per cent decline in lottery sales to €7.3bn in 2019.
1 min read
Tax

myLotto24 agrees €54m tax payment to limit risk of fines

ZEAL Network’s myLotto24 subsidiary has entered into an agreement with the Hanover-Nord tax authority (Finanzamt) to pay €54m in assessed value-added-tax (VAT) in respect of its now [...]

1 min read
Results

ZEAL Network raises full year earnings guidance

Frankfurt-listed lottery provider ZEAL Network has raised its earnings guidance for the full year by €9.0m after benefiting from the late discontinuation of its secondary [...]

1 min read
German Flag
Compliance

Unauthorised sports betting providers face German crackdown

The interior ministry of the German state of Hesse has warned of a major crackdown against unlicensed online sports betting operators in the new year.
1 min read
Europe

MoPlay joins German sports betting association

Sports betting operator MoPlay, sponsor of Bundesliga club Hertha BSC, has joined the German sports betting association Deutscher Sportwettenverband (DSWV).
1 min read
Sponsorship

Crypto Millions Lotto named official partner of Wolverhampton Wanderers

Bitcoin lottery operator Crypto Millions Lotto has been named as the official online lottery partner of English Premier League football club Wolverhampton Wanderers.
1 min read
Results

ZEAL revenue suffers after large jackpot win in August

Frankfurt-listed online lottery provider ZEAL Network has warned that its full-year revenue is likely to be significantly lower than last year’s €160m total.
1 min read
Europe

Bettorlogic agrees retail supply deal with Tipico

Betting analytics specialist Bettorlogic has agreed a new content supply deal with German sports betting operator Tipico.

1 min read
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