This emerges from recently published figures from the Federal Ministry of Finance. This means that the sports betting market has grown by 21 percent compared to the previous year – in a year without a soccer World Cup or EM.
The President of the German Sports Betting Association (DSWV), Mathias Dahms, commented, “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.
Mathias Dahms explains, “It is now up to the federal states to show that their regulatory framework works and that they can effectively combat unlicensed offers. In some cases, improvements are necessary so that there is no displacement of players into the black market and distortion of competition.”
