Fast Offshore brings you the top Fintech, Crypto and Online Gambling news in August 2020. iGaming News EC extends German stand-still period over concerns on iGaming laws The European Commission announced it will extend the so-called “standstill period” in German’s revamped gambling legislation. The reason for this
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Fast Offshore brings you the top news from Gambling, Fintech, and Crypto News in July 2020. iGaming News Revenue Fluctuates Across Different States in Wake of COVID-19 Pandemic As the pandemic takes hold internationally, the iGaming market has reacted differently in different markets. Instead of seeing across
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The online gambling market and land-based market in Germany is expected to grow to EUR 3.3 billion over the next four years. According to market projections from Goldmedia, a leading consulting and research provider, areas such as lottery, sports betting, and casinos will grow exponentially. Much of
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On June 25 2020, payment provider and financial services provider Wirecard AG filed for insolvency. Earlier in the month, Wirecard reported some EUR 1.9 billion in cash missing. Over the following days, details of a large scandal have emerged. Customers have been left unable to access their
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The online gambling sector is one of the few sectors that seems set to survive the COVID-19 pandemic relatively unscathed. According to a study by GrandViewResearch, online gambling is in a period of significant growth. As a result, we are seeing increasing developments in iGaming, as well
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