Ad Spending for the Fourth Quarter is Increasing Due to Sports Betting

Due to the strong demand during the holiday season, advertising in the fourth quarter has historically been among the most costly of the year. Retailers, toys/games, clothes, alcoholic drinks, movie studios, and retailers are some examples of traditional product sectors that increase their marketing costs. Revenue from Sports Betting Sports betting revenue has been increasing. Earnings for the initial half of 2022 were a little above $3 significantly higher when compared with $4.3 billion for the entire previous year. By 2025, according to Morgan Stanley, revenue will be $7 billion. Additionally, Americans made $57.2 billion in sports wagers in 2021, …

State Treaty on Gambling: How are online casinos regulated in Germany?

The new State Treaty on Gambling (GlüStV) has been legally binding since July 2021 and, under certain aspects, legitimizes online casinos to legally offer their products in Germany. However, the legalization of the online market comes with many measures and regulations that serve to control, monitor, and regulate the industry. Legalization of online casinos Online gambling was completely banned in Germany for a long time. Although Schleswig-Holstein attempted a liberalization process in 2012, it was relatively quickly integrated back into the restrictive attitude of the other federal states. It was not until 2019 that the prime ministers joined forces to …