Berlin, May 8, 2018 — The German gambling market is continuing to grow. In 2017, the German gaming market (lotteries, stakes, gambling machines and machines ) generated a gross gaming revenue of 13.5 billion euros which is a rise of 300 million euros compared with 2016. This equates to further earnings of 1 billion euros compared with 2015. Most of the gaming segments gained from the overall positive economic growth in Germany, but this varied from segment to segment.
These findings are part of this new report German Gambling Market Monitor 2018 released by Goldmedia Strategy Consulting.
Record growth in the gambling segment, however, lotteries are under pressure
In 2017, betting notched up the strongest level of expansion of all the gaming segments with a 17 percent plus in gross gambling revenue (wagers minus payouts) compared with 2016. In comparison with 2015, the market has grown by 33 per cent in total. This positive trend is expected to continue. The forthcoming 2018 FIFA World Cup in Russia will spark additional revenue growth for the 90+ sports gambling operators that are active in the German marketplace. Furthermore, the dysfunctional regulatory policies that are still in effect in Germany are ongoing to supply favourable working conditions which are supporting additional growth.
On the other hand, the German lottery segment remains static and gross gambling revenue has fallen by 3 percent, primarily due to declining ticket sales from the highest grossing 6aus49 lottery sport. In addition, the lotteries are having aggressive competition from online lotteries operating from Malta without a German licence.
Changes in the gambling machines section Gaming machines attained yet another very profitable year, creating a gross gaming revenue of over 7 billion euros in 2017. But, significant structural changes on the market are imminent following the introduction of new regulations. Stricter rules regulating the total number of gaming halls and the minimum space allowed between them may lead to a substantial reduction in the amount of gambling venues in the medium term. Even though the gaming machine operators have initiated over 1,000 legal proceedings to stall the implementation of those policies, the strong market growth that has been seen in the past few years has now come to a stop.
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