Central Europe
German Sports Betting Stakes Increase 21% in 2019
Deutsche Sportwettenverband (DSWV), the German sports betting association, has revealed that consumers in the country spent approximately €9.3bn on sports betting in 2019, up 21% on the previous year.
DSWV said that the year-on-year growth was impressive seeing as 2019 did not have a major international football tournament, whereas 2018 had the FIFA World Cup.
Operators paid a total of €500m in sports betting tax during the 12 months through to December 31, 2019.
“Sports betting has reached the center of society in Germany and has become a popular leisure activity,” Mathias Dahms, President of DSWV, said.
