Berlin, May 8, 2018 — The German gambling market is continuing to grow. In 2017, the German gaming market (lotteries, stakes, gaming machines and casinos) created a gross gambling revenue of 13.5 billion euros which is a rise of 300 million euros in comparison with 2016. This equates to additional biennial earnings of 1 billion euros compared with 2015. The majority of the gambling segments benefited from the overall positive economic development in Germany, however, this varied from segment to segment.
These findings are part of the new report German Betting Market Monitor 2018 released by Goldmedia Strategy Consulting.
Record growth from the gambling segment, nevertheless, lotteries are under pressure
In 2017, betting notched up the strongest degree of growth of all the gaming segments with a 17 percent plus in gross gaming revenue (wagers minus payouts) compared with 2016. As compared with 2015, the market has increased 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 who are active in the German marketplace. What’s more, the dysfunctional regulatory policies which 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 section stays static and gross gambling revenue has fallen by 3 per cent, primarily due to declining ticket sales in the top grossing 6aus49 lottery game. In addition, the lotteries are having aggressive competition from online lotteries operating from Malta with no German licence.
Changes in the gambling machines section Gaming machines achieved yet another very profitable year, generating a gross gambling revenue of more than 7 billion euros in 2017. However, significant structural changes in the market are imminent following the introduction of new regulations. Stricter rules governing the entire number of gambling halls and the minimum space allowed between them may lead to a considerable decline in the amount of gaming venues in the medium term. Though the gaming system operators have initiated more than 1,000 legal event to stall the implementation of those policies, the strong market growth that’s been seen in recent years has now come to a stop.
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