Berlin, May 8, 2018 — The German gaming market is continuing to rise. In 2017, the German gaming market (lotteries, stakes, gaming machines and machines ) created a gross gaming revenue of 13.5 billion euros which is an increase of 300 million euros in comparison with 2016. This equates to additional earnings of 1 billion euros in comparison with 2015. The majority 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 from the betting segment, however, lotteries are under pressure
In 2017, gambling notched up the strongest degree of expansion of all the gaming segments using a 17 per cent plus in gross gambling revenue (wagers minus payouts) in comparison with 2016. In comparison with 2015, the marketplace has grown by 33 per cent in total. This positive trend is expected to continue. The forthcoming 2018 FIFA World Cup in Russia will stimulate additional revenue growth for its 90+ sports betting operators that are active in the German marketplace. What’s more, the dysfunctional regulatory policies that are still in effect in Germany are ongoing to provide favourable working conditions that are encouraging further growth.
On the other hand, the German lottery segment stays static and gross gaming revenue has fallen by 3 per cent, primarily because of declining ticket sales from the highest grossing 6aus49 lottery game. In addition, the state-owned lotteries are having aggressive competition from online lotteries working from Malta with no German licence.
Changes in the gambling machines segment Gaming machines achieved 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 regulating the entire number of gambling halls as well as the minimum distance allowed between them can result in a substantial decline in the number of gaming venues in the medium term. Even though the gaming machine operators have initiated over 1,000 legal proceedings to stall the implementation of these policies, the strong market growth that’s been seen in the past few years has come to a halt.
Read more: http://www.fortoli.cn/?p=22921