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Germany

Boudewijn Poelmann steps down as Novamedia CEO

Postcode Lottery operator Novamedia has confirmed that its founder Boudewijn Poelmann has stepped down from his role as chief executive and chairman.

Poelmann has been succeeded [...]

2 mins read

Gauselmann Group expands online presence with stake in Bede Gaming

German gaming giant Gauselmann Group has acquired a majority stake in UK-based iGaming platform provider Bede Gaming.

The acquisition is meant to expand Gauselmann's existing online [...]

1 min read
Raketech

Raketech acquires iGaming affiliate Lead Republik

Stockholm-listed Raketech has acquired all of the assets of Malta-based iGaming affiliate Lead Republik for €1.4m.

The purchase price represents a multiple of approximately 3x EBITDA and includes [...]

1 min read

ZEAL Network launches new charitable lottery in Germany

Frankfurt-listed lottery provider ZEAL Network has launched a new charitable lottery in Germany through a partnership with non-profit organisation BildungsChancen.

The new lottery freiheit+ gives players the chance [...]

2 mins read

bet-at-home.com grows revenue in 2019 but warns of trouble ahead

Frankfurt-listed gaming operator bet-at-home.com has reported a 2 per cent increase in net betting and gaming revenue to €117.5m for 2019, as turnover reached a record €3.2bn [...]

1 min read

Strong online performance sees GVC revenue hit £3.66bn in 2019

London-listed betting and gaming operator GVC Holdings has reported a 23 per cent increase in net gaming revenue to £3.66bn for 2019, benefiting from a full year’s [...]

1 min read

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

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

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

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

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

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
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