Betway retains German presence with sports betting licence extension
Super Group-owned operator has received an extension of its sportsbook licence from the Regional Council in Darmstadt
Betway has been awarded an extension to its sportsbook licence in Germany after it received approval from the Regional Council in Darmstadt.
The licence extension will see Betway continue to offer its services in the market despite a slew of operators pulling out Germany owning to the strong regulatory headwinds in the region.
The Super Group-owned brand is a prominent sponsor of several high-profile sports teams in Germany.
The portfolio of deals includes a number of sides in the Bundesliga, including Europa League winners Eintracht Frankfurt and VfB Stuttgart, Hertha Berlin, Werder Bremen and Schalke 04.
Betway also has a number of partners in tennis and is the official betting partner at the Boss Open, Terra Wortmann Open and the Hamburg Open.
The firm has also opened an office in Düsseldorf with the aim of continuing growth in the region and making finding talent in Germany easier.
Anthony Werkman, CEO of Betway, said: “We’re proud of being awarded an extension of our sportsbook licence, which means we can keep offering our much-loved products to sports betting fans in Germany.
“We’ve got an industry-leading sponsorship portfolio that further enhances our commitment to supporting sports that our customers know and love.
“We’ve got a great product and now we’ve got a great office and team on the ground which will help us continue to enhance a sporting experience for our customers whilst continuing to ensure they’re playing in a safe, secure and responsible environment.”
Elsewhere, Super Group has finalised its acquisition of Digital Gaming Corporation (DGC), which will further its footprint in the US.