Interesting facts about gambling in Germany
Legally defined, gambling is an activity in which certain people bet on the outcome of a particular situation. The game's outcome is not based on the players' skill but rather on a random principle. Today, we will talk about interesting facts and figures about gambling in Germany, in addition to the most popular betting games types.
Gambling: 3 interesting facts and figures in Germany
The Gibraltar-based company broke the record for the highest online win
As confirmed by Guinness World Records, on June 1, a lady from Germany who won the Eurojackpot of EUR 90 million became the record-breaking German Eurojackpot winner at Lottoland. The lottery was organized by the Lottoland company. So, it has been confirmed that this win is the biggest online gambling payout ever.
The company secured the title of "Biggest Online Gambling Pay" after a 36-year-old cleaning lady from Germany placed a bet on the Eurojackpot lottery via a mobile phone on the Lottoland website. Her mother chose five lucky numbers (14, 19, 21, 30, 32) and two euro numbers (4 and 7), which brought a record win.
"We are absolutely thrilled with reaching the Guinness World Record. It is an honor to be in this Hall of Fame. This title confirms our business model; it proves that we can even break world records thanks to our sophisticated insurance model. At Lottoland, we help make your dreams come true. That's why we're always happy to have completely changed the life of one of our players. We pride ourselves on paying out even the biggest wins in record time and are more than happy to help Christina and her mom make their dreams come true", said Nigel Birrell, CEO of Lottoland.
In business since 2013, Lottoland has created over 350 jobs, has over eight million customers, and operates on four continents. The company's primary goal is to offer customers a wide selection of games and high payouts.
The betting market is getting bigger.
The sales in the gambling market are increasing and keep increasing. For example, in Germany 2020, a gross gaming amount of over 11.7 billion euros was achieved in the entire (legal) gaming market.
In 2019, there were over 236,500 slot machines. In 2020, online casinos made a turnover of over 477 million euros.
In Germany, on December 31, 2020, there were around 3,500 employees subject to social security contributions in the gambling and betting industry.
State Treaty on Gambling
There is what is known as the State Treaty on Gambling, the GlüStV. Suppose the Federal Republic of Germany, the federal government, wants to conclude an international treaty or a state treaty. In that case, following the Lindau Agreement of November 14, 1957, it must have the goodwill of the federal states affected by this treaty project, should this treaty affect the competencies of the legislation in the individual federal states. The term is also used for contracts between the individual federal states; it is actually about state contracts.
Examples of such inner-German state treaties, which often deal with economic cooperation or the regulation of border obligations, are the founding treaty for the second German television, namely the broadcasting state treaty and the gambling state treaty.
The state has a gambling monopoly.
All gambling operators require a state license. The state has a gambling monopoly (now only for lotteries). The profits from the state-sanctioned gambling go to the respective federal states.
Popular types of betting games
There are basically four types of gambling. The slot machines are mostly found in restaurants; they are publicly accessible. There are also different slot machines in casinos and arcades, not to mention card games such as blackjack or poker, and roulette is also worth mentioning. In addition, the player will find the same games as a variant on the net. Finally, with the increasing use of the World Wide Web, sports betting is becoming increasingly popular.
The players are on the legally safe side with the state lotteries. Even with private lottery providers who work on a commission basis for the state lotteries, the player is safe from a legal point of view, unlike lotteries that have their licenses abroad.
Playing a slot machine is not a game of chance, but rather an 'actuation on an amusement machine with a chance to win.
In 2018, around 8.8 billion euros were bet on sporting events in Germany. The betting stakes in the German sports betting market have more than doubled in the last five years.
According to statistics, sports betting providers turned over 4.5 billion euros in 2014, compared to 3.8 billion euros in 2013.