Analyzing the Casinos & Gambling Industry in Germany
The German casinos and gaming industry has experienced moderate growth after facing a slump in its revenues during the post-recession period. The casinos and gaming sector had a total gross gaming win of $16 billion in 2012. In Germany, casinos, lotteries and sports betting are a state monopoly. Although they usually contract private operators to run their casinos, only the 16 German states can own and operate a gambling casino. Because of this, the European Court of Justice (ECJ) in Luxembourg ruled that the German state monopoly on gambling was “unjustifiable” and must be broken up. The suit was filed by several foreign betting companies that want to gain a share of the German gambling market, but so far there has been no real change in Germany.
The Spielbank Stuttgart is the only German casino located in an “entertainment center,” the SI Centrum, which offers cinemas, stage productions and restaurants. Several factors have combined in recent years to make life more difficult for Germany’s casinos. The world financial crisis, combined with the rapid growth of online betting, has caused German and European casino income to fall rapidly.
Other negative factors cited by casino proponents are Germany’s 2008 smoking ban, limits on advertising, and the fact that the estimated 10,000 slot machine arcades in Germany are not subject to the same restrictions as the state-run casinos. While casinos are required to enforce age limits and charge an admittance fee, the numerous privately run slot arcades found all across Germany rarely check a patron’s age and don’t charge admission. On the other hand, critics charge that the casinos have not kept up with the times, and that is why they have lost customers.
Aruvian Research analyzes the Casinos and Gambling Industry in Germany in its report Analyzing the Casinos & Gambling Industry in Germany. We begin with an analysis of the global casinos and gaming industry through an industry overview, industry value analysis, industry segmentation, regulatory framework, industry competition and an industry outlook. We also analyze the factors that are impacting the global casinos and gambling industry such as regulations, mergers & acquisitions, international trade, industry globalization, amongst others.
Moving on to the analysis of the casinos and gaming industry in Germany, we analyze the industry through an industry overview, industry value analysis, industry segmentation, industry competition and a future perspective.
An analysis of the major players in the global casinos & gambling industry as well as the major players in the German industry is included in the report.