This week’s gambling scene blends legal turning points, market momentum, and a shift in industry sentiment. In Germany and Europe, regulatory changes and ECJ cases are reshaping what players, operators and investors can expect, while global expos remind us that sometimes smaller formats bring greater clarity.
Germany: From Prohibition to Regulation
Germany’s transformation from prohibition to regulation remains a central thread. The evolution of the Interstate Gambling Treaty since 2008 shows a journey from strict bans of online casinos toward structured legalization, with the 2021 Treaty introducing deposit limits, self-exclusion tools, and clearer licensing paths. The ECJ case C-440/23 is now in the spotlight after Advocate General Emiliou’s opinion, suggesting that players who lost money at unlicensed online casinos may be able to reclaim those losses under certain conditions. This could trigger sweeping change for operators and safeguard players’ rights. Gambling in Germany: From Prohibition to Regulation, ECJ Case C-440/23: Hopes Rise for Refunds of Online Casino Losses
ECJ Case C-440/23: Refunds for Online Casino Losses?
The ECJ case C-440/23 is attracting wide attention after Advocate General Emiliou issued his opinion. His view suggests that players who lost money at unlicensed online casinos may be able to reclaim their losses. If the Court follows this reasoning, it could trigger significant financial and legal consequences for operators while strengthening consumer rights across Europe.
Read more: ECJ Case C-440/23: Hopes Rise for Refunds of Online Casino Losses
Greece Under Scrutiny: Money Laundering Scandal
In Greece, a large-scale investigation has uncovered a network of roughly 200 individuals, including civil servants and government officials, allegedly using licensed betting operators to launder money. Cash was funneled through everyday outlets such as supermarkets and gas stations without proper checks. The revelations are putting pressure on regulators and licensed operators to enforce stricter controls.
Read more: Greece Under Scrutiny: Major Money Laundering Scandal Exposed in Gambling Sector
Sports Betting Stocks on the Rise
Investors continue to eye sports betting stocks as one of the most dynamic growth opportunities. The global market, valued at around USD 107 billion in 2024, is forecast to nearly double in Europe by 2030. Market leaders such as DraftKings, Flutter Entertainment and Entain dominate, while niche operators and technology providers are gaining traction. Despite the upside, risks remain high due to regulation, license costs and growing concerns about responsible gambling.
Read more: Sports Betting Stocks: From Niche Market to Billion-Dollar Business
SiGMA Malta 2025: Smaller but Better
SiGMA Europe Malta 2025 showcased a different kind of success. Attendance was down from previous years, yet engagement was higher. The event emphasized quality networking, more personal conversations and a relaxed atmosphere. Even as attention shifts toward other conferences such as SiGMA Rome, Malta remains an influential hub for the international iGaming industry.
Read more: SiGMA Malta 2025 – Smaller, but better: A personal recap
Conclusion
This week highlighted how the gambling industry continues to operate in a space between growth and scrutiny. While casinos and conferences focus on expansion, innovation and stronger community ties, regulatory challenges and legal cases shape the framework for future operations. For operators, investors and regulators alike, the message is clear: success in the gambling sector requires not only bold strategies and attractive markets but also compliance, transparency and a strong commitment to player protection.