German gambling revenue grows, but black market represents 4%, regulator says ...Middle East

canadian news today - News
German gambling revenue grows, but black market represents 4%, regulator says
The GGL has issued its annual report on the German gambling market. Germany.- The German gambling regulator Gemeinsamen Glücksspielbehörde der Länder (GGL) has estimated that illegal gambling accounted for up to 4 per cent of German gross gambling revenue in 2023. Its annual report released on Monday states that the regulated market generated €13.7bn in GGR, a rise of 2 per cent year-on-year. Online gambling accounted for 8 per cent (€400m) and sports betting 13 per cent (€1.8bn). Meanwhile, the regulator estimates that the black market generated GGR of between €400m and €600m. Enforcement measures against unlicensed gambling  The regulator noted that in 2023, it checked 1,864 websites

Hence then, the article about german gambling revenue grows but black market represents 4 regulator says was published today ( ) and is available on canadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( German gambling revenue grows, but black market represents 4%, regulator says )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News