GGL welcomes investigation into illegal gambling involving €5.86bn in stakes
By The Weekly Edge desk ·
Summary
Germany’s GGL welcomed an investigation by the Frankfurt am Main public prosecutor’s office into unauthorised gambling. Published information indicates that about €5.86bn in stakes was processed between July 2021 and the end of 2023; authorities made an arrest and carried out asset-securing measures.
Why it matters
Regulators and operators see enforcement escalate as authorities investigate unauthorised gambling, make an arrest and secure assets.