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sehen Sie nach, wer gerade spielt. German Gambling Industry on the Rise While in the far past Germany had a weak spot for gambling and casinos during the 19th and 20th century the German gambling industry had suffered a rapid decline in popularity due to the bad state of the economy. But ever since the year 2000 it seems that the gambling industry in Germany is blooming once again. The German people like other European nations are fond for gambling and for the period of the past two years they had started to gamble more and more. The Deutsche Welle had reported recently on the subject: "After a sluggish launch, the gambling business in Germany has started to roar. The increase will likely to gather speed by a predictable liberalization in the sports betting trade and the Soccer World Cup in 2006." Not only do inside gambling business flourish but also on the net. German online casinos can be found easily in search engines. Though big online casinos have already translated their sites into German more and more online casinos are launched from Germany by German people from the gambling industry there. The new independent German online casinos are designed to feet for the average German gambler. Such online casinos work to pin-point the exact design and software required by the German public. By the end of 2006 there would more German online casinos than any other casinos in foreign language. It seems that indeed the German gambling industry is rising fast.
The German gambling market is about to take its place among the biggest gambling industries around the world. During 2003-2005 the German legislators have liberalized Germany's law and now it is possible for companies to develop and offer gambling services via the internet or by mobile phones. Due to globalization effects more and more German people find gambling activities as a regular part of Western entertainment. A powerful demonstration of power of the German gambling market domination had been presented in the German Lottery events that take place every week. During a single lottery event of a prize worth 21 million Euros, the German Lottery Company had sold tickets worth 33.5 million dollars. The German Lottery is a single example of the huge force that this industry has. The potential of the German gambling industry's value is estimated in billions of Euros. As more and more online German casinos are launched and German land based casino are built it seem that investing in the German gambling industry is a wise call. German Lottery Signs Contract with G-Tech GTECH Global Services Corporation has signed a 5-year agreement to supply continuing software maintain and enhancements to West deutsche Lottery (West Lotto), the operative of online and instantaneous ticket lottery games in the German state of Nordrhein-Westfalen, a home of many German gamblers. This contract puts the company as the leading force in its trade. "Working with West Lotto over last year to adapt their presented lottery system to G-TECH's venture answer has permitted us to form a nearer business association with this customer," said G-TECH President W. Bruce Turner. "We are pleased that Germany's major lottery has also accepted G-TECH for its wide-ranging software engineering and support capabilities, and we look onward to being of service to them in excess of the next 5 years." In adding to software
support and enhancements and other technological services, G-TECH
will also act as general service provider for hardware protection,
as well as terminal software support provided by Wincor-Nixdorf.
With respect to this contract with West Lotto, GTECH expects to
produce revenues of roughly $16 million over the 5-year age.
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