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  1. #1
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    The Buzz is offline GPWA Gossip Hound
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    Default Record year for sports betting in Germany

    Sports betting in Germany saw a growth of 21% in 2019 with more licenses expected to be confirmed in the spring.

    According to figures published by the Federal Ministry of Finance, German sports bettors place around 9.3 billion in betting stakes in 2019, even without a major international football tournament.

    From G3 Newswire:

    The President of the German Sports Betting Association (DSWV), Mathias Dahms, said: “Sports betting has reached the center of society in Germany and has become a popular leisure activity. The common good also benefits: Last year, sports betting providers paid around half a billion euros in sports betting tax. ”

    After years of political discussions, the nationwide permit procedure for sports betting providers has been running since the beginning of the year. According to the responsible regional council in Darmstadt, at least 45 applications are expected. The first permits are to be issued in the spring.

    Mr. Dahms added: "It is now up to the federal states to show that their regulatory framework works and that they can effectively deal with unlicensed offers. In some cases, improvements are necessary so that there is no displacement of players into the black market and distortion of competition."
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  2. #2
    ocreditor's Avatar
    ocreditor is offline Private Member
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    I wonder why it's suddenly become a so popular leisure activity...

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