Berlin, May 8, 2018 — The German gaming market is continuing to grow. In 2017, the German gaming market (lotteries, bets, gambling machines and machines ) generated a gross gambling revenue of 13.5 billion euros that’s a rise of 300 million euros in comparison with 2016. This equates to further biennial earnings of 1 billion euros compared with 2015. Most of the gaming segments gained from the overall positive economic development in Germany, but this varied from segment to segment.
These findings are part of this new report German Betting Market Monitor 2018 published by Goldmedia Strategy Consulting.
Record growth in the gambling segment, nevertheless, lotteries are under pressure
In 2017, betting notched up the most powerful degree of expansion of all the gambling segments with a 17 per cent plus in gross gaming revenue (wagers minus payouts) in comparison with 2016. As compared with 2015, the market has grown by 33 per cent in total. This positive trend is expected to continue. The upcoming 2018 FIFA World Cup in Russia will spark extra earnings growth for the 90+ sports gambling operators that are active in the German market. Furthermore, the dysfunctional regulatory policies that are still in effect in Germany are ongoing to supply favourable operating conditions that are supporting further growth.
On the other hand, the German lottery segment stays static and gross gambling revenue has dropped by 3 per cent, primarily because of declining ticket sales from the highest grossing 6aus49 lottery game. In addition, the lotteries are having aggressive competition from online lotteries working from Malta with no German licence.
Changes in the gaming machines section Gaming machines attained yet another very profitable year, generating a gross gambling revenue of over 7 billion euros in 2017. However, significant structural changes on the marketplace are imminent following the introduction of new regulations. Stricter rules governing the total number of gaming halls as well as the minimum distance allowed between them can result in a substantial reduction in the number of gaming venues in the medium term. Even though the gaming system operators have initiated over 1,000 legal proceedings to stall the execution of these policies, the strong market growth that has been seen in the past few years has come to a halt.
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