Football’s Return A Boon for German Bookies

Sun, Jun 21, 2020

German bookmakers have enjoyed a boost in business since the return of the Bundesliga after an eight-week suspension. One sportsbook reported a 100 percent increase in business.

Football’s Return A Boon for German Bookies

German bookmakers are reaping the rewards from the return of the Bundesliga following an eight week hiatus.

Leadstar Media reported that its MyWettbonus.de brand recorded a 100 percent increase in business since football resumed. Sports betting rose 2.5 times in May in the middle of April.

But despite the positive results, the value for affiliates from the German sports betting market expects to shrink as the return of live football won’t overcome the losses experienced during the coronavirus shutdown, according to SBC News.

The market for gambling and sports betting in Austria could be one of the biggest losers in 2020.

Market research institute Industry Radar predicted the country’s gross gaming revenue could shrink by 16 percent to €1.62 billion (US$1.82 billion).

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