Industry
January 19, 2023
PlayCherry Joins Germany’s DSWV
PlayCherry Limited, a provider of sports betting products, joined the German Sports Betting Association (DSWV), a union of sports betting providers founded in 2014. This was announced by the association earlier today. PlayCherry Joined the German Sports Betting Association PlayCherry is one of the licensed providers in the regulated German market. The company has permits […]
Legal
June 1, 2021
European Commission Probes DSWV, DOCV State Aid Complaint
A controversial stake tax in Germany is being challenged by a European Commission probe asking officials to elaborate on the grounds of the proposed gambling tax regime. Unequal Market Conditions The EC intervention comes just in time to delay the final voting of the 5.3% tax on online slots and poker stakes state governments in […]
Industry
February 9, 2021
DSWV Called for Intervention amid Sinking Industry Revenues
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 […]
Legal
April 3, 2020
Legalization of Sports Betting In Germany Court-Challenged and Blocked
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 […]