GeWeTe

History & Corporate Structure

GeWeTe was established in 1993 as a specialist developer and manufacturer of money‑exchange systems. The company's early focus was on coin‑operated change machines for German gaming arcades, and it quickly became the domestic market leader in that segment. Over the years it expanded its product line to include automated pay stations (ticket‑out machines) and ticketing solutions for amusement and sports venues. In 2014, GeWeTe was acquired by the Merkur Group (Gauselmann family), a major German gaming and amusement conglomerate, becoming a fully owned subsidiary. The Merkur Group provides financial stability, distribution reach, and regulatory support, while GeWeTe continues to operate as an independent engineering and production unit from its Mechernich facility. The company has three international subsidiaries: GeWeTe España S.L. (Spain), GeWeTe Italia S.r.l. (Italy), and GeWeTe UK & Ireland Ltd., each serving local markets with sales, service, and support.

Products & Technology

GeWeTe’s core competence is in cash‑handling machinery that validates, stores, dispenses, and recycles banknotes and coins. Key product families include: Money Changers: Coin‑to‑bill and bill‑to‑coin exchange machines for gaming floors, typically equipped with high‑security vaults and multi‑currency support. Automated Pay Stations: Self‑service kiosks that let players redeem vouchers or tickets for cash or prizes, reducing manual cashier workload. Ticket Machines: Devices that print and dispense gaming tickets, loyalty coupons, or admission passes, often integrated with the operator’s management system. Kiosk Platforms: Fully integrated touch‑screen terminals that combine bill‑in, ticket‑out, and secure cashbox functions, designed for COAM and regulated gaming environments. All products are built with proprietary firmware, industrial‑grade mechanics, and software interfaces that allow remote monitoring, cash accounting, and multi‑vault security. GeWeTe holds relevant certifications for gaming jurisdictions in Europe and North America.

Market Position

GeWeTe is the clear market leader in Germany for gaming‑cash solutions and has a strong installed base across Europe. In recent years the company has actively pursued growth in the United States, which it now describes as “one of its most important markets.” The 2026 partnership with Betson Enterprises (a division of H. Betti Industries) gives GeWeTe a dedicated distribution channel for the Georgia COAM market, with full financing, installation, and service support. GeWeTe’s technology is also used by many of the world’s largest casino operators and tribal gaming enterprises.

Licensing & Compliance

As a subsidiary of the Merkur Group, GeWeTe benefits from the group’s extensive licensing experience in Germany and other regulated markets. The company itself holds ISO 9001 quality management certification and its products are tested to meet European (CE) and North American (UL) safety and security standards. GeWeTe actively participates in industry associations and trade shows (e.g., ICE London, G2E Las Vegas).

Recent Developments

The July 2026 regulatory change in Georgia (requiring COAM locations to adopt approved redemption methods, such as gift cards) has driven GeWeTe to offer its kiosk platform as a compliant solution. The Betson partnership, announced in early 2026, is a key milestone. Additionally, GeWeTe continues to invest in cash‑recycling technology and software that enables operators to manage cashflow in real time.