Competitive Gambling Industries in Hessia Facing Increased Competition from Gambling Venues
Record-Breaking Gaming Revenue for Casino Bad Homburg in 2024
The historic Casino in Bad Homburg surpassed previous records, garnering a gross gaming revenue of β¬58 million in 2024, according to the German Press Agency and reported by the SΓΌddeutsche Zeitung.
CEO Lutz Schenkel attributes this success to a diverse clientele spanning various age groups, with a significant number of young visitors seeking the casino experience. The establishment welcomes an average of 650 visitors per weekday, often reaching capacity limits on weekends, with approximately 230 employees ensuring a smooth operation.
Slot machines account for approximately 90% of the casino's revenue, while classic games such as roulette and blackjack make up the remaining 10%. Despite this, the casino maintains a focus on the classic gaming experience, as confirmed by Andreas Krautwald, CEO of Casino Wiesbaden, who shares their commitment to traditional gaming.
A notable aspect of Bad Homburg's casino is its contribution to the revitalization of the dilapidated spa house. The city of Bad Homburg plans to finance the project's reconstruction mainly through rental income from the Francois-Blanc Casino GmbH, with the casino set to occupy the modernized building, allowing for potential expansion.
Historically, the casino had played a significant role in financing the spa house in the 19th century, and this circle may be closing as the casino moves back into a modern spa house.
In Wiesbaden, however, the casino faces a different situation. The license is set to expire at the end of 2025, with the city administration already initiating the re-tendering process, aiming for completion by summer 2025. Novomatic and the Jahr + Achterfeld Gesellschaft are among potential suitors, with the city also considering self-operation, though challenges such as high start-up capital and lack of expertise remain.
As for addressing gambling addiction, both casinos offer informational brochures, preventive conversation offers, and voluntary self-exclusion for at-risk players.
Macro trends in the German gambling sector reveal a steady overall revenue of β¬2.9 billion in 2024 despite a significant decline in online casino and slots activity. This decline is primarily due to regulatory measures such as capped bets, deposit limits, and taxes on stakes driving players towards unlicensed platforms. Despite this, land-based casinos and lotteries have remained significant, with ZEAL Network, Germany's leading online lottery operator, demonstrating robust growth in 2024 and Q1 2025.
In summary, while the German gambling industry sustained steady overall revenue in 2024, online casino activity dropped significantly due to regulation. There is no specific comparative data available for Casino Bad Homburg and Casino Wiesbaden; however, both likely benefited from broader trends favoring land-based casinos over online options.
What was the primary source of revenue for Casino Bad Homburg in 2024, according to their gross gaming revenue?Slot machines accounted for approximately 90% of the casino's revenue.
Who can we expect to see influencing future trends in casino-culture in the city of Bad Homburg?The city administration, with potential partners like the Francois-Blanc Casino GmbH, may have a significant impact on shaping casino-culture in the modernized spa house.
What role did casino personalities play in the gaming trends of 2024, and what impact did it have on casino-and-gambling revenue?Despite a significant decline in online casino and slots activity due to regulation, land-based casinos and lotteries remained significant, with ZEAL Network, Germany's leading online lottery operator, demonstrating robust growth, suggesting a commitment to traditional gambling experiences by casino personalities.
