Berlin, May 8, 2018 — The German gaming market is continuing to rise. In 2017, the German gambling market (lotteries, bets, 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 further earnings of 1 billion euros in comparison with 2015. The majority of the gaming segments benefited from the overall positive economic growth in Germany, but this varied from segment to segment.
These findings are a part of this new report German Betting Market Monitor 2018 released by Goldmedia Strategy Consulting.
Record growth in the betting segment, nevertheless, lotteries are under pressure
In 2017, betting notched up the strongest degree of expansion of all of the gambling segments using a 17 per cent plus in gross gaming revenue (wagers minus payouts) compared with 2016. In comparison with 2015, the market has increased 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 marketplace. Furthermore, the dysfunctional regulatory policies which 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 remains static and gross gaming revenue has dropped by 3 percent, primarily because of declining ticket sales from the top grossing 6aus49 lottery game. In addition, the state-owned lotteries are having aggressive competition from online lotteries operating from Malta with no German licence.
Changes in the gambling machines segment Gaming machines achieved yet another very lucrative year, generating a gross gambling revenue of more than 7 billion euros in 2017. However, significant structural changes on the market are imminent following the introduction of new regulations. Stricter rules governing the entire number of gambling halls and the minimum distance allowed between them may result in a substantial reduction in the number of gaming venues in the medium term. Though the gaming system operators have initiated more than 1,000 legal proceedings to stall the implementation of these policies, the strong market growth that has been seen in recent years has now come to a halt.
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