Tag Archives: German Sports Betting Association (DSWV)

bet-at-home optimistic ahead of market liberalisation despite Q1 losses

German operator bet-at-home has remained optimistic in its Q1 2021 trading report due to increased liberalisation of its home country’s market, despite recording financial losses. Overall, the group’s gross betting and gaming revenue stood at €30.5 million for Q1 2021, representing a 5.5% year-on-year decrease from the 2020 figure of €32.2 million. Of the recorded revenue, €17.1 million was generated …

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German sports betting authority calls for political intervention

German sports betting revenues fell sharply by 20% in 2020, largely attributed to cancelled sporting events and closures of betting shops due to the COVID-19 outbreak. According to sports betting tax figures published by the Federal Ministry of Finance, total sales amounted to €7.8 billion, 16% lower than the industry record high of €9.3 billion in 2019. If the months …

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DSWV frustrated by sportsbook licensing suspension

The German Sports Betting Association (DSWV) has expressed its frustration after receiving confirmation that the Darmstadt Administrative Court had suspended the nationwide sports betting permit procedure until further notice. The decision came after an Austrian betting operator claimed that the licensing procedure was not transparent and non-discriminatory. Commenting on the news, DSWV President Mathias Dahms said: “The decision of the …

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