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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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AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

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