The Gemeinsamen Glucksspielbehorde des Lander, Germany’s new gambling regulator issued a report on Thursday. It stated that licensed sports betting operators held a market share greater than 95% by 2022. According to analysis of tax data by the GGL, this left a 5% market for black market operators.
The watchdog also reaffirmed its commitment in fighting illegal gambling, despite the large share of licensed market. Benjamin Schwanke, a member of the GGL Board, stated that the regulator’s primary focus is to protect customers and fight illegal operators. He also stated that the regulator couldn’t “find any crowding of legal offers with illegal offers”.
Our market analysis shows that the channeling rate is well above 95 percent. This means that the wagers are placed with licensed sports betting providers as per the Federal Ministry of Finance tax data.
Ronald Benter, CEO at the GGL
After a DSWV report, a German association for sports betting, stated that the strict regulations had led to a decline in legal sports betting in the country. The gambling watchdog’s announcement follows the release of a DSWV report. GGL stated that DSWV supported its claim that there had been an increase in illegal sports betting. However, regulators said that their data does not support the claims of the sports betting association.
” An analysis of tax data for 2022 shows well over 95% of all sports betting sales are from permitted providers,
A statement from the GGL
The Watchdog is still vigilant
According to the regulator, a 5% drop in sports betting market in 2022 was noted when compared with 2021. According to the Authority, this was due to the impact of the pandemic as well as the postponement from 2020 to 2021 of the European championship. The GGL maintained that 2022’s market position was comparable to levels pre-pandemic 2019.
After the GGL issued its first gambling regulations violation fine, details about the analysis of the legal sports betting markets in 2022 were released. The regulator announced earlier this week that it had imposed a five-figure penalty against one operator, who was not named.
The GGL announced that it had found a licensed operator who advertised its services on a website that offered illegal gambling services at the time of the announcement. The GGL issued a penalty, but it did not specify the amount. It stated that it was a five digit penalty.
