Central Europe
Germany Increases Games Funding to €70 Million

The budget committee of the German Bundestag has increased the national budget for games support in 2023 by some 20 million euros, to a total of 70 million euros.
This decision follows on the great initial success of the funding programme, which has attracted strong demand from game companies since its launch in 2019. The result has been a major upswing, with the number of games companies increasing by 26% within the two-year period since 2020. The number of people employed by developers and publishers has risen by 12% during the same period. This growth has exhausted the annual budget of 50 million euros available to date, so an increase in funding was necessary to continue supporting game development in 2023.
The German Games Industry Association (game) forecasts that the funding programme will require 100 million euros annually in the coming years. The possibility of initiating a tax break model – something offered by many internationally successful games locations – is additionally to be studied.
“The provision of this additional games funding sends a powerful signal. It will enable Germany to continue its pursuit of becoming one of the world’s top locations for game development. With these steps, the German Bundestag and the federal government are renewing their promise to make Germany a leading market for games on the international stage,” Felix Falk, Managing Director of game, said.
-
Africa7 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Interviews6 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Africa5 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Compliance Updates7 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report
-
Industry Awards6 days ago
Kaizen Gaming’s Betano Recognised as Brand of the Year at the EGR Marketing & Innovation Awards 2025
-
Industry News6 days ago
SOFTSWISS Takes Home Four Awards In One Night
-
Latest News7 days ago
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products
-
Asia6 days ago
FIFA, NBA, UFC and More Sports Events Go Live – Crypto Sportsbook BETY Offers Global Sports Betting Coverage 2025