Germany is known for many things: amazing beer, tasty bratwurst, people being always punctual, cars you can entrust your life on, and strict gambling rules. Well, this latter is in change now – which is good news for online wagers in the country. 2021 is the year when great changes by new regulations are in the moving. It also means new sports betting sites in Germany, where you can already try your luck on!
At the moment, there are 25 operators in the country. Among these 25 there are two new sports betting sites in Germany: Betway and Betsson. These two operators just received their sports betting licenses from the Regional Council of Darmstadt. It means, that they can soon start to engage with wagers all around the country. It means, that if you wish to bet on for example this years’ Oscars, you will be able to do it on Betway, straight from Germany!
New gambling regulations
According to taylorwessing.com: “In March 2020, the German federal states agreed on a new German Interstate Treaty on Gambling (ISTG 2021) from July 1, 2021, onwards. (…) Thus, the ISTG 2021 represents a compromise. Although it provides for licenses for almost all forms of online gaming, the licensing conditions will be all the more stringent. They even go beyond the current requirements for sports betting licenses. (…) The ISTG 2021 envisages fundamental changes to Geman online gambling law: The most significant amendment includes the lift of the online ban for online poker and online slot machines (and to some extent online casino).”
As long as sports betting is concerned, we can also see some changes. “It is positive to note that regarding sports betting, bets will be allowed on the outcome of a game as well as on events during the game, or a combination of both. Further, live bets will be allowed under specific requirements. Besides, online sports betting licenses granted before July 1, 2021, will remain effective until December 31, 2022. However, a German court suspended the current licensing procedure in April 2020.” We believe that all these changes make both operators and legislators more interested in having an agreement. So, it is not a big surprise that in Germany they already have some new sports betting sites.
New sports betting sites in Germany
In October 2020 Germany started to give out licenses for some operators in the sports betting market. They started with 4 operators. And now, in March 2021, as Betway and Betsson got their licenses, there are 25 sports betting operators in the country so far. They joined online sportsbook sites in Germany, like bet365, Interwetten, and BetVictor. From now on, you will be able to do sports betting on the betway.de website by Betway. While Betsson will operate 7 brands: Betsson, Betsafe, Casinowinner, Guts, Nordicbet, Rizk Sport and Schnellwetten.
Who likes the idea of new sports betting sites in Germany?
The German Interstate Treaty on Gambling has many benefits for gamblers, of course. They could wager more freely and they will have more platforms to do it. It is also good for the country’s economy. The looser rules might raise gambling spirit which raises revenues. That, of course, will show in tax incomes. The CEO of Betway, Anthony Werkman also said that the company is looking forward to bring German players an “unrivaled online sports betting experience in a safe, fair and responsible environment.” So, although there were some obstacles in the way – mainly because of the third amendment of the State Treaty on Gambling dealing with the licensing process – it is now a win-win situation. Online gambling sites in Germany are so on!