Last year, the head of the billion-euro gambling company bet365 earned as much as around 150 Bundesliga footballers put together. According to experts, the average annual salary of Bundesliga professionals is currently around 1.5 to 2 million euros. But why did Denise Coates recently earn such a generous salary?
On 1 July 2021, the State Treaty on the New Regulation of Gambling in Germany (GlüStV for short) officially came into force. However, even two and a half years after the liberalisation of the online gambling sector, it is obviously still not possible for users to play popular live games such as blackjack or roulette in online casinos. This is despite the fact that the law provides for the possibility of licensing such "online casino games".
It was only three years ago that it was announced that German daily newspaper Bild and sports betting provider BetVictor would be joining forces to operate the BildBet platform. Today, however, anyone typing "BildBet.de" into the search bar of their internet browser will receive an error message. Does this mean that BildBet is offline or is there still hope for fans of the platform?
Slot Academy has been available at the German online casino BingBong for a few weeks now. At first glance, you might think that this is a conventional casino stream. And indeed: so-called "slot lecturers" present live streams on the subject of gambling. However, these are not the kind of streams that gamblers know from Twitch. We took a closer look at the Slot Academy to find out if this is even legal.
Unlucky at cards - lucky in love? A US poker player proposed to his girlfriend in a Texas casino. Surely there are more romantic places in the world than a gambling house. But the casino proposal had its justification. Find out if the woman said yes in today's article.
US internet company Meta Platforms Inc. has been fined millions of dollars in Italy for unauthorised gambling advertising. Specifically, the Italian Communications Authority found that Meta had violated the country's ban on gambling advertising. In total, the authority counted around 20 accounts with relevant content on the social networks Facebook and Instagram.
The casinos in Macau, a Special Administrative Region of the People's Republic of China, generated the equivalent of more than €20 billion last year. This represents an increase of more than 300% over the previous year. But how many tourists will come to Macau in 2023, and what is the reason for the popularity of the local gaming venues?
At the end of December last year, probably the biggest jackpot of all time was won in an online casino. The lucky player is said to have won around $42 million on a $50 cryptocurrency wager. But on which slot machine and in which online casino did luck strike?
Multi-billion dollar gaming group Entain (formerly GVC Holdings) is withdrawing from more than 140 unregulated markets. The publicly listed company announced back in November 2020 that it would only operate in regulated markets in the future. But what are the reasons behind Entain's decision to withdraw from a triple-digit number of countries at relatively short notice?
A few days ago, publicly listed gaming group Flutter Entertainment reported impressive revenue growth of 25% for 2023. While Flutter's revenue was GBP 7.69 billion last year, it will be GBP 9.51 billion in 2023. Things won't be quite so smooth for the competition from 888 Holdings. Here, revenues will fall by 8% in 2023.
Last Tuesday (23 January) a documentary about gambling addiction was broadcast on ZDF. The 20-minute programme is about 23-year-old Defne, who became addicted to gambling at the tender age of 19. At the height of her addiction, she lost around 100,000 euros in an online casino in just one night. But how did this lovely young woman lose so much money at such a young age, and how is she doing now?
A few days ago, the German Gaming Authority (GGL) approved IDCheck.io, a new method for identity and age verification in Germany. This is an advanced AI-based identity solution from Munich-based IDnow GmbH. But how does IDCheck.io verification in German online casinos work in detail?
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.