Leading European sports betting operators have formed a new trade group – the German Sports Betting Association (DSWV) – in order to press for more stable sports betting regulations in Germany following many years of uncertainty.
According to Mathias Dahms, the former Mybet Chief Executive Officer who serves as President of the Association, the current situation is untenable and it is their goal to remove the legal uncertainty and to ensure safe betting for consumers as well as for providers.
The German Sports Betting Association includes a mixture of domestic and international operators, a few of which were among the country’s 20 lucky recipients of federal sports betting licenses as well as others who were left out.
Founding members include German firms BetterBet, Happybet, Tipico, Admiral Sportwetten, Deutsche Sportwetten (Deutsche Telekom) and Mybet. International operators Stanleybet, Ladbrokes, Cashpoint, Betfair and Bet365 will also be joining the association. All members of the association are either federal license recipients or otherwise holders of online betting licenses that have been issued by the northern German state of Schleswig-Holstein.
Matthias Dahms, the former Chief Executive Officer of Mybet, will head the German Sports Betting Association (DSWV) while Dirk Quermann, the Chief Executive Officer of Merkur Interactive (the joint venture of Playtech and gaming device maker Gauselmann) and Hans Wolfram Kessler, Tipico general counsel, have been appointed vice-presidents of the German Sports Betting Association.
The Chairman of the Committee on Economics and Energy Affairs in the German Bundestag, Peter Ramsauer, welcomed the founding of the association which he said is a strong ally in the war against illegal gambling and addiction.