German gambling market gets a review March 29, 2007
An interesting new gambling study new analyzing areas of development in the German gambling and lottery market following the Federal Constitutional Court's decision, the state treaty on gambling, and the decision in the Placanica case. The main outcome of the gambling review of marketplace experts and study company comprehensive analysis simply states that the German gaming industry counts on an opening of the market and modification of the state treaty on gambling � bottom line.
The past few months have debatably been very hectic for the gambling and lottery market in Germany. In fact, this can be said for most worldwide gambling markets that is. Putting a vise on the gambling industry has been the pronouncement of the Federal Constitutional Court, the drafting of a up-to-the-minute state accord on gambling, decisions and actions of the European Court of Justice (ECJ) and the EU Commission, the exclusion of online gambling in the US, and the arrest of several CEOs of well known online gambling providers. The list goes on too.
A spokesperson for the study company that hosted the report and study states that the current developments make a comprehensive examination of the future of the German gambling and lottery market crucial.
The German gambling analysis is mostly based on the outcome of a survey of market experts that was commenced this spring.
When we read the release today in our online gambling news department, this is what stood out to us: It seems that online poker offers enormous potential fro the future of German gaming. According to those interviewed fro this study, online poker sites profit from the present poker euphoria in Germany and are amid the companies with the utmost future growth prospective in the German betting industry. We also read that an amended story of the state treaty on gambling is anticipated. Interviewed subjects agreed that it is most probable that there will be an amended edition of the state treaty.
We also noticed that the report mentions that casino site advertising for gambling on items such as team uniforms and stadium banners and signs teams will remain important and will be legal. In the study, over 50% of the persons interviewed as experts say that the severe ban of gambling advertising on team jerseys and in stadiums will be indeed reversed. After all, if the ban were enforced, reporting on worldwide sports events would be drastically reduced. Meaning, the German TV spectators would have missed out on watching the final game in the handball world championship. See, the Polish team wore uniforms sponsored by the online casino site and sportsbook. So, in order for fans to see the Champions League match among FC Bayern and AC Milan (also sponsored by the site) Germans would have to travel out of the country.
Lastly, we see that the report states that the judgment in the Placanica case can�t simply be applied to the German gambling market itself. This is simply because of the differentiation amid the Italian and German gambling markets.
This is a compelling study and we see it to be spot on.
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