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German Sports Betting Market Soaring

GERMAN SPORTS BETTING MARKET SET TO SOAR
 
Euro 5 billion mark will be breached by the end of this year claims recent independent study.
 
The German sports betting market may be roiled by legislative confusion, but it holds out the promise of big rewards for operators, according to a new study from the independent research and analysis company Gold Media.
 
The study of land and online gambling potential predicts that by the end of 2016 the German sports betting market will be worth Euro 5 billion or more...a significant Euro 300 million rise from the end-2015 figure, thanks in part to the currently running Euro 2016 football championship.
 
To give some perspective on the impact of Euro 2016, bear in mind that UEFA has recently estimated that wagers on this years football extravaganza will reach new heights at Euro 68 billion.
 
Gold Media has taken into account both licensed and "grey" unlicensed activity in the market, predicting that the "grey" operators will deliver the lions share of the betting bonanza at Euro 4.9 billion.
 
The study predicts that the German government will gather in tax revenues on sports betting of around Euro 250 million, with almost all of it coming from "grey" unlicensed companies who have nevertheless elected to pay tax (in the hope of eventually getting a licence once the lawmakers have cut through the legislative obstacles that continue to restrain development in the market).
 
That development has continued in spite of the muddled efforts of German lawmakers, with Gold Media calculating a creditable "grey" market growth rate of 12.1 percent annually since 2012 despite the dithering in political circles.



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Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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