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German sports betting market grows 21% in 2019

10th February 2020 10:35 am GMT
German Flag

Germany’s federal ministry of finance collected approximately €0.5bn in sports betting tax in 2019 as total stakes climbed by more than 21 per cent versus the previous year.

Citing figures from the ministry of finance, German sports betting association Deutsche Sportwettenverband (DSWV) said that players in Germany staked around €9.3bn in 2019, a 21 per cent increase on the prior year, which also benefited from the FIFA World Cup.

“Sports betting has reached the centre of society in Germany and has become a [...]

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