Sports betting revenues in Germany were materially affected by the cancellation of sporting events and the closure of betting shops, the 2020 sports betting tax figures released by the Federal Ministry of Finance in Germany revealed. 2020 Revenue Decline YoY Total sales for the calendar year fell 16%, to €7.8 billion, compared to the record […]
The legalization of sports betting in Germany has hit another snag, as the Darmstadt Administrative Court halted the process, casting serious doubts whether operators would ever take any bets under the third amendment of the State Treaty on Gambling, the Glücksspielneuregulierungstaatsvertrag /GlüNeuRStV/. Discriminatory Process, Lack of Transparency Much to the dismay of the Deutscher Sportwettenverband […]
