Loot Boxes—What Exactly Are They and Do They Constitute Gambling?
The legal treatment of loot boxes under gambling law has not yet been definitively settled in Germany. When do they constitute gambling, and when do they not?
Are Prediction Market Shares Binary Options?
To date, the GGL is the only authority in Germany to have commented on the regulatory classification of shares on prediction markets. Could the shares offered on prediction market platforms qualify as financial instruments and, in this context, also as binary options?