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Thriving in Germany's iGaming Market: Strategies for Success

06 May 2024 - 14:11

IGaming Germany 2024 offers a unique opportunity to delve deeper into this debate and gain crucial insights. This timely summit taking place from 5-6 June in Munich offers a unique platform for policymakers, operators, and decision makers to address challenges head on, prioritising player centric solutions and market growth.

Written by Redazione
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Germany's iGaming market has experienced rapid growth fueled by increased convenience,diverse game options, and consistent technological advancements. This, combined withGermany's tech-savvy population, secure payment solutions, and a large, affluent consumerbase, creates a lucrative environment for the industry. However, navigating regulatorycomplexities and ensuring sustainability will be critical for long-term success.The Channelling Rate Debate: Finding Answers at iGaming Germany 2024.

One of the most critical factors in assessing the success of iGaming regulation is its ability tosteer players away from the black market. Germany's regulatory authority, theGGL, estimatesthe black market share at2-4%, while industry associations put the figure closer to 50%.This discrepancy highlights a crucial issue. The GGL's analysis focuses on internet traffic, whileindustry studies often track player behaviour directly. To gain a truly accurate picture, it's vital tounderstand why players choose unlicensed options and address any shortcomings in theregulated market.iGaming Germany 2024offers a unique opportunity to delve deeper into this debate and gaincrucial insights.

This timely summit taking place from 5-6 June in Munich offers a unique platform for policy makers, operators, and decision-makers to address challenges head-on,prioritising player-centric solutions and market growth. The panel discussion "Learning fromOthers: International best practices for combatting the Black Market" featuring experts likeProf. Dr. Dean Rakic (Blockcontrol)andDainis Niedra (Entain), will provide a globalperspective on successful strategies to reduce the appeal of unlicensed operators.“Germany as a market has huge potential when it comes to iGaming, big economy, superdeveloped country, super smart people. So, a great landscape when it comes to the brands,operators, etc. The future is still there for iGaming in Germany, for the industry.

Now, the marketis in the position where every next change is very critical, when it comes to the limitations or thechanges with the taxations, etc. So, it is very critical not to allow the market to go in a worse direction. That’s why my expectations at every single event, when we have an opportunity tospeak about the market, about the challenges, even about the problems, it’s super importantand the more we speak, the more hope and belief, at least I have, that things will go in thedirection that it has to go.”-Dainis Niedra, COO,EntainSecurity Deposits: A Barrier to Entry?Under the current Interstate Treaty on Gambling, operators must provide a security deposit of atleast €5 million. While designed to protect player funds and state claims, this requirementcreates a barrier to entry for smaller operators, potentiallylimiting innovation.iGamingGermany 2024 addresses this challenge directly with the following panel discussions, providingexpert guidance on navigating regulations and ensuring operational excellence.

These insightsare crucial for operators of all sizes, especially in a landscape with complex requirements.

Capitalising on New Online Casino Licences in Germany: Navigating Regulationsand Market Potential

Demystifying Compliance: Ensuring Operational Excellence in an Ever-Changing Regulated Environment

 

Beyond Regulation: Germany’s Tech-Forward PopulationWhile regulations are fundamental, it's equally important to focus on making the regulatedmarket attractive to players. Factors like competitive offerings, innovative technologies, and auser-friendly experience will be crucial in successfully channelling players away from theunlicensed market.“In 2025, the online gambling world is booming, with predictions showing it'll surpass awhoppingUSD 102.97 billion. What's driving this? Well, it's the ease ofsports betting and thesurge in mobile gaming apps. But here's where it gets really interesting: there's this coolcollaboration happening between AR and gambling. I am pretty sure it's going to be huge. Justimagine using AR to bring casino games right into your living room. It's like stepping into awhole new world of excitement. This collaboration isn't just about ads; it's about creatingunforgettable experiences for players. With AR leading the charge, the gambling scene is aboutto change big time. It's not just about playing games anymore; it's about diving into immersiveworlds where reality and imagination come together. AR will be a game-changer in the world ofonline gambling."- Ninia Chkheidze, COO,Crosscreators Germany's tech - savvy population
presents vital opportunities for innovation. Below panels will
dive into strategies for harnessing technology and payment solutions to create a seamless
player experience:

The future of Fintech in iGaming: Exploring the next frontier with E - Money and Alternative Payment Solutions

Jochen Biewer, Managing Director, Chevron Group (Moderator)
Marco Priewe, Managing Director, InternetQ GmbH
Sebastian Funke, iGaming Consultant, AirCash
Rupert Kainzbauer, Ceo, Epg Financial Services Ltd Leveraging Germany’s tech forward population for iGaming success
Nikolas Lotz, COO, Chevron Group (Moderator)
Thomas Gmelch, Director Payment Sales - DACH & EE, Tink 

Gunter Fricke, Managing Director, insic GmbH

Collaboration is Key: Shape the Future at iGaming Germany 2024 The future of Germany's iGaming market hinges on finding a balance between robust regulation and sustainable growth. Network with policymakers, operators, and o ther C - level decision makers at the 4th Annual iGaming Germany, taking place from 5 - 6 June 2024 at the Hilton Munich City.
Drive player - centric solutions, partner to optimise your operations and promote sustainable growth, register today for
iGG 2024: https://www.eventus-international.com/igg

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